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Weslaco Motors, L.p.

$1,326,915 PPP Loan in Weslaco, Texas

Loan Details

Loan Number
9565507000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,326,915
Current Approval
$1,326,915
Forgiveness Amount
$1,339,852
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Weslaco Motors, L.p.
Address
229 E Expwy 83
City
Weslaco
State
Texas
ZIP Code
78599
Business Type
Limited Liability Partnership
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
137
Estimated Revenue
$34.5M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$995,186
Rent
$165,864
Utilities
$165,864

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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