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Southtowne Motors INC

$744,800 PPP Loan in Riverdale, Georgia

Loan Details

Loan Number
9625987007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$744,800
Current Approval
$744,800
Forgiveness Amount
$751,317
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southtowne Motors INC
Address
7665 Highway 85
City
Riverdale
State
Georgia
ZIP Code
30274
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
GA-05

Loan Use Breakdown

Payroll
$744,800

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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