Woody Folsom Automotive, INC

$1,714,500 PPP Loan in Baxley, Georgia

Loan Details

Loan Number
7347297001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,714,500
Current Approval
$1,714,500
Forgiveness Amount
$1,727,934
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Woody Folsom Automotive, INC
Address
1749 Golden Isle Pkwy
City
Baxley
State
Georgia
ZIP Code
31513-9070
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
149
Estimated Revenue
$37.5M
Rural/Urban
Rural
Congressional District
GA-01

Loan Use Breakdown

Payroll
$1,565,000
Utilities
$40,000
Health Care
$24,900
Mortgage Interest
$84,600

Lender Information

Servicing Lender
Pineland Bank
Originating Lender
Pineland Bank

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