Lufkin Automotive Group, Inc.
$591,500 PPP Loan in Lufkin, Texas
Loan Details
- Loan Number
- 6321967009
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $591,500
- Current Approval
- $591,500
- Forgiveness Amount
- $597,172
- Forgiveness Date
- Apr 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lufkin Automotive Group, Inc.
- Address
- 1710 S 1st St
- City
- Lufkin
- State
- Texas
- ZIP Code
- 75901-5632
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 46
- Estimated Revenue
- $11.6M
- Rural/Urban
- Rural
- Congressional District
- TX-17
Loan Use Breakdown
- Payroll
- $473,222
- Utilities
- $118,278
Lender Information
- Servicing Lender
- Commercial Bank of Texas, N.a.
- Originating Lender
- Commercial Bank of Texas, N.a.
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