Lynch Chevrolet Cadillac of Auburn, Inc.

$533,400 PPP Loan in Auburn, Alabama

Loan Details

Loan Number
8425807000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$533,400
Current Approval
$533,400
Forgiveness Amount
$537,623
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lynch Chevrolet Cadillac of Auburn, Inc.
Address
154 W. Creek Parkway
City
Auburn
State
Alabama
ZIP Code
36830-7007
Business Type
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
45
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
AL-03

Loan Use Breakdown

Payroll
$450,000
Rent
$63,400
Utilities
$20,000

Lender Information

Servicing Lender
Ameris Bank
Originating Lender
Ameris Bank

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