Mcgavock West Texas Motors, LP
$387,500 PPP Loan in Lubbock, Texas
Loan Details
- Loan Number
- 7451007006
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $387,500
- Current Approval
- $387,500
- Forgiveness Amount
- $390,611
- Forgiveness Date
- Feb 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mcgavock West Texas Motors, LP
- Address
- 6225 Spur 327
- City
- Lubbock
- State
- Texas
- ZIP Code
- 79424-2747
- Business Type
- Partnership
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Infiniti Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $6.8M
- Rural/Urban
- Urban
- Congressional District
- TX-19
Loan Use Breakdown
- Payroll
- $290,625
- Rent
- $96,875
Lender Information
- Servicing Lender
- American Bank of Commerce
- Originating Lender
- American Bank of Commerce
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