Mcgavock Auto Group, LLP

$1,215,100 PPP Loan in Lubbock, Texas

Loan Details

Loan Number
6620467001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,215,100
Current Approval
$1,215,100
Forgiveness Amount
$1,224,022
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcgavock Auto Group, LLP
Address
6312 Milwaukee Avenue
State
Texas
ZIP Code
79424-0613
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
$25.2M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$911,325
Rent
$303,775

Lender Information

Servicing Lender
American Bank of Commerce
Originating Lender
American Bank of Commerce

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