Gerry Lane Automotive LLC

$1,060,300 PPP Loan in Baton Rouge, Louisiana

Loan Details

Loan Number
9661167103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,060,300
Current Approval
$1,060,300
Forgiveness Amount
$1,074,644
Forgiveness Date
Aug 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gerry Lane Automotive LLC
Address
6615 Florida Blvd
ZIP Code
70806-4466
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
96
Estimated Revenue
$24.2M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$1,060,300

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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