Cannon Motors 2, INC

$236,700 PPP Loan in Oxford, Mississippi

Loan Details

Loan Number
9512767004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$236,700
Current Approval
$236,700
Forgiveness Amount
$238,198
Forgiveness Date
Dec 7, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cannon Motors 2, INC
Address
479 Hwy 6 West
City
Oxford
ZIP Code
38655-9073
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$177,525
Rent
$45,555
Utilities
$13,620

Lender Information

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

Other PPP Loans in Oxford, MS

BusinessApproved
Corr Flight S Inc.$1,653,000NewBizBotAI Deep Dive
Mtradeco$1,634,263NewBizBotAI Deep Dive
Mtradeco$1,478,500NewBizBotAI Deep Dive
North East Mississippi Electric Power Association$1,474,776NewBizBotAI Deep Dive
Chartre Services, LLC$1,329,500NewBizBotAI Deep Dive

Want to research this company further?