Automotive Database Systems, INC
$62,500 PPP Loan in South Padre Island, Texas
Loan Details
- Loan Number
- 8523927005
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $62,500
- Current Approval
- $62,500
- Forgiveness Amount
- $62,851
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Automotive Database Systems, INC
- Address
- 33256 State Park Road 100, Ste 104
- State
- Texas
- ZIP Code
- 78597
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Arts, Entertainment, and Recreation (713990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- TX-34
Loan Use Breakdown
- Payroll
- $50,000
- Rent
- $2,500
- Utilities
- $2,500
- Health Care
- $2,500
- Mortgage Interest
- $2,500
- Debt Interest
- $2,500
Lender Information
- Servicing Lender
- First National Bank of South Padre Island
- Originating Lender
- First National Bank of South Padre Island
Other PPP Loans in South Padre Island, TX
| Business | Approved | |
|---|---|---|
| Spi Management Co | $967,369 | |
| Louies Backyard Restaurant INC | $893,049 | |
| Blackbeards' Incorporated | $839,856 | |
| Louie's Backyard Restaurant Inc. | $637,890 | |
| Spi Management Co | $600,000 |
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