Stokes Motors INC

$1,712,400 PPP Loan in Beaufort, South Carolina

Loan Details

Loan Number
9517747008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,712,400
Current Approval
$1,712,400
Forgiveness Amount
$1,728,210
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stokes Motors INC
Address
3557 Trask Parkway
ZIP Code
29906-7157
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
169
Estimated Revenue
$42.6M
Rural/Urban
Urban
Congressional District
SC-01

Loan Use Breakdown

Payroll
$700,000
Utilities
$162,400
Mortgage Interest
$850,000

Lender Information

Servicing Lender
Ameris Bank
Originating Lender
Ameris Bank

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