Spikes Motor Company, Inc.
$1,386,100 PPP Loan in Mission, Texas
Loan Details
- Loan Number
- 6791327010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,386,100
- Current Approval
- $1,386,100
- Forgiveness Amount
- $1,396,201
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spikes Motor Company, Inc.
- Address
- 805 E Ih 2
- City
- Mission
- State
- Texas
- ZIP Code
- 78572-6027
- 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
- 120
- Estimated Revenue
- $30.2M
- Rural/Urban
- Urban
- Congressional District
- TX-15
Loan Use Breakdown
- Payroll
- $1,008,000
- Rent
- $76,000
- Utilities
- $20,000
- Health Care
- $85,000
- Debt Interest
- $197,100
Lender Information
- Servicing Lender
- Vantage Bank Texas
- Originating Lender
- Vantage Bank Texas
Other PPP Loans in Mission, TX
| Business | Approved | |
|---|---|---|
| Con Mi Gente, INC | $3,236,100 |  Research |
| Global Pipeline, LLC | $3,022,600 | Research |
| Alegre Home Health Care, LLC | $2,668,600 | Research |
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| Angelitos Primary Home Care INC | $1,311,500 | Research |
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