Cannon Automotive Group, Inc.

$1,195,525 PPP Loan in Lakeland, Florida

Loan Details

Loan Number
9533157008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,195,525
Current Approval
$1,195,525
Forgiveness Amount
$1,207,078
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cannon Automotive Group, Inc.
Address
5210 S. Florida Ave. 0.0
State
Florida
ZIP Code
33813-5500
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$19.4M
Rural/Urban
Urban
Congressional District
FL-18

Loan Use Breakdown

Payroll
$1,050,000
Rent
$72,000
Utilities
$20,000
Health Care
$33,525
Debt Interest
$20,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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