Turner Motor Co. Inc.

$150,956 PPP Loan in Selma, Alabama

Loan Details

Loan Number
6335427001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$150,956
Current Approval
$150,956
Forgiveness Amount
$150,813
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Turner Motor Co. Inc.
Address
1800 Al Highway 14
City
Selma
State
Alabama
ZIP Code
36703-1525
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-07

Loan Use Breakdown

Payroll
$120,765
Utilities
$30,191

Lender Information

Servicing Lender
Marion Bank and Trust Company
Originating Lender
Marion Bank and Trust Company

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