Rainey Used Cars, Inc.
$1,311,300 PPP Loan in Albany, Georgia
Loan Details
- Loan Number
- 6434187007
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,311,300
- Current Approval
- $1,311,300
- Forgiveness Amount
- $1,319,386
- Forgiveness Date
- Nov 27, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rainey Used Cars, Inc.
- Address
- 706 E Oglethorpe Blvd
- City
- Albany
- State
- Georgia
- ZIP Code
- 31705-2751
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 141
- Estimated Revenue
- $35.5M
- Rural/Urban
- Urban
- Congressional District
- GA-02
Loan Use Breakdown
- Payroll
- $1,160,375
- Rent
- $77,325
- Utilities
- $30,000
- Health Care
- $35,000
- Mortgage Interest
- $8,600
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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| Albany Area Primary Health Care, Inc. | $4,590,200 |  Research |
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| Oxford Construction Company | $2,926,300 | Research |
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