Cannon Motors, LLC
$593,000 PPP Loan in Oxford, Mississippi
Loan Details
- Loan Number
- 9788417005
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $593,000
- Current Approval
- $593,000
- Forgiveness Amount
- $596,753
- Forgiveness Date
- Dec 7, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cannon Motors, LLC
- Address
- 100 North Thacker Loop
- City
- Oxford
- State
- Mississippi
- ZIP Code
- 38655-8658
- 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
- 66
- Estimated Revenue
- $16.6M
- Rural/Urban
- Rural
- Congressional District
- MS-01
Loan Use Breakdown
- Payroll
- $444,750
- Rent
- $116,000
- Utilities
- $32,250
Lender Information
- Servicing Lender
- Planters Bank & Trust Company
- Originating Lender
- Planters Bank & Trust Company
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