Eagle Pass Ford Mercury, Ltd

$550,900 PPP Loan in Eagle Pass, Texas

Loan Details

Loan Number
8623667007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$550,900
Current Approval
$550,900
Forgiveness Amount
$557,224
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Eagle Pass Ford Mercury, Ltd
Address
4039 Adams Circle
State
Texas
ZIP Code
78852-5157
Business Type
Partnership
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
41
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
TX-23

Loan Use Breakdown

Payroll
$413,175
Rent
$55,090
Utilities
$27,545
Mortgage Interest
$55,090

Lender Information

Servicing Lender
Jefferson Bank
Originating Lender
Jefferson Bank

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