Planet Automotive Group Hickory LLC

$255,089 PPP Loan in Hickory, North Carolina

Loan Details

Loan Number
8486077010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$255,089
Current Approval
$255,089
Forgiveness Amount
$258,965
Forgiveness Date
Oct 27, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Planet Automotive Group Hickory LLC
Address
1775 Catawba Valley Blvd SE
ZIP Code
28602-4141
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mitsubishi Motors Dealer Agreement
Business Age
New Business or 2 years or less
Jobs Reported
63
Estimated Revenue
$15.9M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$190,000
Rent
$45,089
Utilities
$20,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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