Eckenrod Ford Lincoln of Cullman

$635,043 PPP Loan in Cullman, Alabama

Loan Details

Loan Number
7181327007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$635,043
Current Approval
$635,043
Forgiveness Amount
$639,841
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Eckenrod Ford Lincoln of Cullman
Address
5255 Al Hwy 157
State
Alabama
ZIP Code
35058
Business Type
Subchapter S Corporation
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
50
Estimated Revenue
$12.6M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$635,043

Lender Information

Servicing Lender
Southpoint Bank
Originating Lender
Merchants Bank of Alabama, a Division of Southpoint Bank

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