Chatom Motor Co., Inc.
$231,600 PPP Loan in Chatom, Alabama
Loan Details
- Loan Number
- 9302777009
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $231,600
- Current Approval
- $231,600
- Forgiveness Amount
- $233,504
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Chatom Motor Co., Inc.
- Address
- 16835 Jordan St
- City
- Chatom
- State
- Alabama
- ZIP Code
- 36518-3405
- 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
- 25
- Estimated Revenue
- $6.3M
- Rural/Urban
- Rural
- Congressional District
- AL-01
Loan Use Breakdown
- Payroll
- $217,882
- Utilities
- $4,718
- Health Care
- $5,000
- Mortgage Interest
- $4,000
Lender Information
- Servicing Lender
- The First Bank
- Originating Lender
- The First Bank
Other PPP Loans in Chatom, AL
| Business | Approved | |
|---|---|---|
| The Washington County Health Care Authority, Inc. | $1,062,700 |  AI Deep Dive |
| Chatom Motor Co INC | $231,042 | AI Deep Dive |
| Chatom Primary Care P.c. | $207,900 | AI Deep Dive |
| Bb Automotive | $181,700 | AI Deep Dive |
| Angeline INC | $181,500 | AI Deep Dive |
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