Cannon Ford Lincoln, LLC

$361,690 PPP Loan in Cleveland, Mississippi

Loan Details

Loan Number
9834957005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$361,690
Current Approval
$361,690
Forgiveness Amount
$363,910
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cannon Ford Lincoln, LLC
Address
607 N Davis St
ZIP Code
38732-2355
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
MS-02

Loan Use Breakdown

Payroll
$271,270
Rent
$50,800
Utilities
$39,620

Lender Information

Servicing Lender
Planters Bank & Trust Company
Originating Lender
Planters Bank & Trust Company

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