Limbaugh Motors, INC

$1,034,600 PPP Loan in Birmingham, Alabama

Loan Details

Loan Number
9679777009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,034,600
Current Approval
$1,034,600
Forgiveness Amount
$1,043,940
Forgiveness Date
Mar 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Limbaugh Motors, INC
Address
2200 Avenue V
State
Alabama
ZIP Code
35218-2947
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$26.5M
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$859,400
Rent
$175,200

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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