Midlands Automotive, LLC
$427,000 PPP Loan in Lugoff, South Carolina
Loan Details
- Loan Number
- 6961107007
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $427,000
- Current Approval
- $427,000
- Forgiveness Amount
- $430,048
- Forgiveness Date
- Dec 31, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midlands Automotive, LLC
- Address
- 891 US Hwy 1 South
- City
- Lugoff
- State
- South Carolina
- ZIP Code
- 29078
- Business Type
- Partnership
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $7.8M
- Rural/Urban
- Rural
- Congressional District
- SC-05
Loan Use Breakdown
- Payroll
- $389,700
- Utilities
- $7,300
- Mortgage Interest
- $30,000
Lender Information
- Servicing Lender
- First Palmetto Bank
- Originating Lender
- First Palmetto Bank
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