Sapaugh Motors, INC

$1,868,100 PPP Loan in Herculaneum, Missouri

Loan Details

Loan Number
8716697004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,868,100
Current Approval
$1,868,100
Forgiveness Amount
$1,880,398
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sapaugh Motors, INC
Address
1507 Mcnutt St
ZIP Code
63048-1566
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$44.1M
Rural/Urban
Rural
Congressional District
MO-08

Loan Use Breakdown

Payroll
$1,552,100
Utilities
$41,000
Mortgage Interest
$100,000
Debt Interest
$175,000

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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