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Tallassee Automotive, INC

$564,413 PPP Loan in Tallassee, Alabama

Loan Details

Loan Number
9437307005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$564,413
Current Approval
$564,413
Forgiveness Amount
$568,913
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tallassee Automotive, INC
Address
1618 Gilmer Ave
City
Tallassee
State
Alabama
ZIP Code
36078-2341
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$13.6M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$564,413

Lender Information

Servicing Lender
Colony Bank
Originating Lender
Colony Bank

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