Meighan Auto Acquisitions INC
$582,750 PPP Loan in Gadsden, Alabama
Loan Details
- Loan Number
- 9152767010
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $582,750
- Current Approval
- $582,750
- Forgiveness Amount
- $587,444
- Forgiveness Date
- Feb 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Meighan Auto Acquisitions INC
- Address
- 413 E Meighan Blvd
- City
- Gadsden
- State
- Alabama
- ZIP Code
- 35903-1050
- 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
- 100
- Estimated Revenue
- $25.2M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $550,000
- Rent
- $20,000
- Utilities
- $12,750
Lender Information
- Servicing Lender
- First Bank of Boaz
- Originating Lender
- First Bank of Boaz
Other PPP Loans in Gadsden, AL
| Business | Approved | |
|---|---|---|
| Champion Rehab Resources, LLC | $2,974,491 | |
| Wac Enterprises INC | $2,129,900 | |
| Choice Fabricators, INC | $2,025,800 | |
| Champion Rehab Resources LLC | $2,000,000 | |
| Prince Metal Stamping USA INC | $2,000,000 |
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