Zag Motors, LLC

$998,100 PPP Loan in Brownsville, Texas

Loan Details

Loan Number
8600117003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$998,100
Current Approval
$927,300
Forgiveness Amount
$938,093
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Zag Motors, LLC
Address
6750 N Expressway
State
Texas
ZIP Code
78526-4308
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$21.4M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$927,300

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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