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Faucett Motors of Boaz, INC

$87,070 PPP Loan in Boaz, Alabama

Loan Details

Loan Number
8874927301
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$87,070
Current Approval
$87,070
Forgiveness Amount
$88,098
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Faucett Motors of Boaz, INC
Address
85 US Hwy 431
City
Boaz
State
Alabama
ZIP Code
35957-6602
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$80,000
Utilities
$3,070
Mortgage Interest
$4,000

Lender Information

Servicing Lender
First Bank of Boaz
Originating Lender
First Bank of Boaz

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