Cogswell Motors, Inc.

$807,787 PPP Loan in Russellville, Arkansas

Loan Details

Loan Number
9103497005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$807,787
Current Approval
$807,787
Forgiveness Amount
$816,495
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cogswell Motors, Inc.
Address
1900 E Main Street 0.0
ZIP Code
72801-5346
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$22.7M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$602,419
Rent
$69,000
Utilities
$10,000
Health Care
$43,810
Mortgage Interest
$5,376
Debt Interest
$77,182

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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