Madisonville Motor Sales, LLC
$490,500 PPP Loan in Madisonville, Kentucky
Loan Details
- Loan Number
- 6880537103
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $490,500
- Current Approval
- $490,500
- Forgiveness Amount
- $494,881
- Forgiveness Date
- Mar 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Madisonville Motor Sales, LLC
- Address
- 11801 Lantaff Blvd
- City
- Madisonville
- State
- Kentucky
- ZIP Code
- 42431-9403
- Business Type
- Limited Liability Company(llc)
- 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
- 46
- Estimated Revenue
- $11.6M
- Rural/Urban
- Rural
- Congressional District
- KY-01
Loan Use Breakdown
- Payroll
- $392,407
- Rent
- $80,000
- Utilities
- $8,216
- Health Care
- $9,878
Lender Information
- Servicing Lender
- Farmers State Bank of Alto Pass, Illinois
- Originating Lender
- Farmers State Bank of Alto Pass, Illinois
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