Gadsden Auto Acquisitions INC

$426,642 PPP Loan in Gadsden, Alabama

Loan Details

Loan Number
9131067002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$426,642
Current Approval
$426,642
Forgiveness Amount
$430,429
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gadsden Auto Acquisitions INC
Address
1149 1st Ave
State
Alabama
ZIP Code
35901-3545
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$21.9M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$405,000
Rent
$13,000
Utilities
$8,642

Lender Information

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

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