Coates Motor Rental Inc.

$326,989 PPP Loan in Madison, Alabama

Loan Details

Loan Number
7988508304
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$326,989
Current Approval
$326,989
Forgiveness Amount
$329,990
Forgiveness Date
Jan 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Coates Motor Rental Inc.
Address
9290 Madison Blvd
State
Alabama
ZIP Code
35758-9153
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532111)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$14.5M
Rural/Urban
Urban
Congressional District
AL-05

Loan Use Breakdown

Payroll
$326,983
Utilities
$1

Lender Information

Servicing Lender
Southern States Bank
Originating Lender
Southern States Bank

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