Boyd Chevrolet-Buick-Gmc Truck Inc.

$568,778 PPP Loan in Oxford, North Carolina

Loan Details

Loan Number
7659377000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$568,778
Current Approval
$568,778
Forgiveness Amount
$580,659
Forgiveness Date
May 20, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Boyd Chevrolet-Buick-Gmc Truck Inc.
Address
1025 Martin Luther King Jr Ave
City
Oxford
ZIP Code
27565-3657
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$15.1M
Rural/Urban
Rural
Congressional District
NC-04

Loan Use Breakdown

Payroll
$455,022
Rent
$60,000
Utilities
$53,756

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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