Kermit Motor Company INC

$110,153 PPP Loan in Kermit, Texas

Loan Details

Loan Number
6608678608
Date Approved
Mar 23, 2021
Loan Status
Paid in Full
Initial Approval
$110,153
Current Approval
$110,153
Forgiveness Amount
$110,814
Forgiveness Date
Oct 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Kermit Motor Company INC
Address
201 S Poplar St
City
Kermit
State
Texas
ZIP Code
79745-4313
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-23

Loan Use Breakdown

Payroll
$110,152
Utilities
$1

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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