Basswood Auto Group, LLC

$351,355 PPP Loan in Fort Payne, Alabama

Loan Details

Loan Number
7532907007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$351,355
Current Approval
$351,355
Forgiveness Amount
$355,288
Forgiveness Date
May 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Basswood Auto Group, LLC
Address
1151 Gault Ave S
State
Alabama
ZIP Code
35967-4973
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$263,516
Utilities
$43,919
Mortgage Interest
$43,919

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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