Sandlin Motors, Inc.

$409,700 PPP Loan in Mount Pleasant, Texas

Loan Details

Loan Number
8314207005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$409,700
Current Approval
$409,700
Forgiveness Amount
$412,374
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sandlin Motors, Inc.
Address
204 E 16th St
State
Texas
ZIP Code
75455-2206
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$409,700

Lender Information

Servicing Lender
Guaranty Bank & Trust, National Association
Originating Lender
Guaranty Bank & Trust, National Association

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