Kims Automotive INC

$399,400 PPP Loan in Laurel, Mississippi

Loan Details

Loan Number
9529287009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$399,400
Current Approval
$399,400
Forgiveness Amount
$402,584
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kims Automotive INC
Address
2516 Highway 15 N
City
Laurel
ZIP Code
39440-1827
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$8.8M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$334,900
Utilities
$51,300
Health Care
$13,200

Lender Information

Servicing Lender
Community Bank of Mississippi
Originating Lender
Community Bank of Mississippi

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