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Gene's Auto Sales LLC

$59,020 PPP Loan in Elba, Alabama

Loan Details

Loan Number
9616367105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$59,020
Current Approval
$59,020
Forgiveness Amount
$59,484
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gene's Auto Sales LLC
Address
1770 Hickman Avenue
City
Elba
State
Alabama
ZIP Code
36323-4204
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$44,264
Rent
$5,000
Utilities
$8,356
Health Care
$1,400

Lender Information

Servicing Lender
Troy Bank & Trust Company
Originating Lender
Troy Bank & Trust Company

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