Emag Automotive Sherman Tx F1 LLC

$974,203 PPP Loan in Sherman, Texas

Loan Details

Loan Number
6630817101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$974,203
Current Approval
$974,203
Forgiveness Amount
$984,865
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Emag Automotive Sherman Tx F1 LLC
Address
2300 Highway 75 North
State
Texas
ZIP Code
75090-2872
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
83
Estimated Revenue
$20.9M
Rural/Urban
Rural
Congressional District
TX-04

Loan Use Breakdown

Payroll
$974,203

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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