Sames Motor Company, Inc.

$1,561,000 PPP Loan in Laredo, Texas

Loan Details

Loan Number
8432977003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,561,000
Current Approval
$1,561,000
Forgiveness Amount
$1,574,095
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sames Motor Company, Inc.
Address
6001 San Dario
City
Laredo
State
Texas
ZIP Code
78040
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
154
Estimated Revenue
$38.8M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$1,561,000

Lender Information

Servicing Lender
International Bank of Commerce
Originating Lender
International Bank of Commerce

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