Coad Autosales Inc.

$396,900 PPP Loan in Paducah, Kentucky

Loan Details

Loan Number
8763597001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$396,900
Current Approval
$396,900
Forgiveness Amount
$400,241
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Coad Autosales Inc.
Address
3941 Mike Smith Dr.
ZIP Code
42001-6517
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
40
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
KY-01

Loan Use Breakdown

Payroll
$213,000
Rent
$124,600
Utilities
$13,100
Debt Interest
$46,200

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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