Mike Schmitz Automotive Group, Inc.

$1,011,700 PPP Loan in Dothan, Alabama

Loan Details

Loan Number
8523607003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,011,700
Current Approval
$1,011,700
Forgiveness Amount
$1,017,883
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike Schmitz Automotive Group, Inc.
Address
2309 Ross Clark Cir
City
Dothan
State
Alabama
ZIP Code
36301-3595
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
$25.2M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$1,011,700

Lender Information

Servicing Lender
River Bank & Trust
Originating Lender
River Bank & Trust

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