Hobb's Automotive INC

$681,800 PPP Loan in Laurel, Mississippi

Loan Details

Loan Number
7542187009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$681,800
Current Approval
$681,800
Forgiveness Amount
$687,236
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hobb's Automotive INC
Address
1030 Highway 15
City
Laurel
ZIP Code
39440-2648
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$13.7M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$559,782
Utilities
$87,523
Health Care
$34,495

Lender Information

Servicing Lender
Community Bank of Mississippi
Originating Lender
Community Bank of Mississippi

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