Sowers & Toothman Automotive INC

$351,100 PPP Loan in Fairmont, West Virginia

Loan Details

Loan Number
6981247000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$351,100
Current Approval
$376,600
Forgiveness Amount
$381,538
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sowers & Toothman Automotive INC
Address
2231 White Hall Blvd
ZIP Code
26554-3498
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
WV-02

Loan Use Breakdown

Payroll
$376,600

Lender Information

Servicing Lender
First Exchange Bank
Originating Lender
First Exchange Bank

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