Pearl Motor Company

$266,700 PPP Loan in Mexico, Missouri

Loan Details

Loan Number
6448627009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$266,700
Current Approval
$266,700
Forgiveness Amount
$268,804
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pearl Motor Company
Address
3100 S Clark St
City
Mexico
ZIP Code
65265-4121
Business Type
Corporation
Industry (NAICS)
Manufacturing (336111)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
MO-06

Loan Use Breakdown

Payroll
$199,534
Rent
$50,000
Utilities
$7,166
Refinance EIDL
$10,000

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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