Durrence Layne Chevrolet Buick Gmc, Inc.

$447,798 PPP Loan in Claxton, Georgia

Loan Details

Loan Number
9717187000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$447,798
Current Approval
$447,798
Forgiveness Amount
$450,339
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Durrence Layne Chevrolet Buick Gmc, Inc.
Address
7334 US Highway 280 W
State
Georgia
ZIP Code
30417-6476
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.1M
Rural/Urban
Rural
Congressional District
GA-12

Loan Use Breakdown

Payroll
$387,156
Rent
$50,000
Utilities
$10,642

Lender Information

Servicing Lender
The Claxton Bank
Originating Lender
The Claxton Bank

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