Tipton Motors, Inc.

$1,605,789 PPP Loan in Brownsville, Texas

Loan Details

Loan Number
8050777007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,605,789
Current Approval
$1,605,789
Forgiveness Amount
$1,616,450
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tipton Motors, Inc.
Address
3840 N. Expressway
State
Texas
ZIP Code
78526-4007
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
149
Estimated Revenue
$37.5M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$1,605,789

Lender Information

Servicing Lender
First Community Bank
Originating Lender
First Community Bank

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