Mason Automotive LLC

$597,000 PPP Loan in Lugoff, South Carolina

Loan Details

Loan Number
9777247105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$597,000
Current Approval
$597,000
Forgiveness Amount
$601,295
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mason Automotive LLC
Address
878 US Hwy 1 South
City
Lugoff
ZIP Code
29078
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Franchise
Southeast Toyota Distributors, LLC - Toyota Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.6M
Rural/Urban
Rural
Congressional District
SC-05

Loan Use Breakdown

Payroll
$447,750
Rent
$149,250

Lender Information

Servicing Lender
First Palmetto Bank
Originating Lender
First Palmetto Bank

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