Mitch Smith Chevrolet, Inc.
$959,455 PPP Loan in Cullman, Alabama
Loan Details
- Loan Number
- 7122747004
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $959,455
- Current Approval
- $959,455
- Forgiveness Amount
- $965,825
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mitch Smith Chevrolet, Inc.
- Address
- 1655 Cherokee Ave, SW
- City
- Cullman
- State
- Alabama
- ZIP Code
- 35055-5340
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Unanswered
- Jobs Reported
- 62
- Estimated Revenue
- $15.6M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $959,455
Lender Information
- Servicing Lender
- Southpoint Bank
- Originating Lender
- Merchants Bank of Alabama, a Division of Southpoint Bank
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|---|---|---|
| Rusken Packaging INC | $6,484,800 |  Research |
| Mcgriff Tire Co., INC | $3,425,200 | Research |
| Cullman Primary Care, PC | $1,913,460 | Research |
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