Largo Motor Company Ltd

$706,500 PPP Loan in Florida City, Florida

Loan Details

Loan Number
9186187000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$706,500
Current Approval
$706,500
Forgiveness Amount
$711,367
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Largo Motor Company Ltd
Address
554 M.e. 1st Ave
State
Florida
ZIP Code
33034-3523
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$16.4M
Rural/Urban
Urban
Congressional District
FL-28

Loan Use Breakdown

Payroll
$565,262
Mortgage Interest
$141,238

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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