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General Automotive Sales, Inc.

$644,100 PPP Loan in El Dorado, Arkansas

Loan Details

Loan Number
6830577106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$644,100
Current Approval
$644,100
Forgiveness Amount
$648,000
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
General Automotive Sales, Inc.
Address
1830 Hillsboro St
City
El Dorado
State
Arkansas
ZIP Code
71730-6900
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$14.1M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$483,075
Rent
$96,615
Utilities
$64,410

Lender Information

Servicing Lender
Southern Bancorp Bank
Originating Lender
Southern Bancorp Bank

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