Cannon Ford Lincoln of Starkville, LLC

$308,500 PPP Loan in Starkville, Mississippi

Loan Details

Loan Number
9491057003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$308,500
Current Approval
$308,500
Forgiveness Amount
$310,250
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cannon Ford Lincoln of Starkville, LLC
Address
12249 Hywy 182
ZIP Code
39759-1652
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
43
Estimated Revenue
$10.8M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$231,400
Rent
$35,000
Utilities
$42,100

Lender Information

Servicing Lender
Planters Bank & Trust Company
Originating Lender
Planters Bank & Trust Company

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