Higginbotham Automobiles LLC

$1,056,300 PPP Loan in Ridgeland, Mississippi

Loan Details

Loan Number
9983557007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,056,300
Current Approval
$1,056,300
Forgiveness Amount
$1,066,599
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Higginbotham Automobiles LLC
Address
455 Steed Rd
ZIP Code
39157-8691
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Mercedes-Benz - Passenger Car Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
$26.0M
Rural/Urban
Urban
Congressional District
MS-03

Loan Use Breakdown

Payroll
$845,120
Utilities
$30,016
Health Care
$20,519
Mortgage Interest
$25,770
Debt Interest
$134,875

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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