Franks Chevrolet-Buick-Gmc, LLC

$326,000 PPP Loan in Kosciusko, Mississippi

Loan Details

Loan Number
9995797006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$326,000
Current Approval
$326,000
Forgiveness Amount
$328,545
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Franks Chevrolet-Buick-Gmc, LLC
Address
11001 Highway 35
ZIP Code
39090-4747
Business Type
Partnership
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
31
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
MS-02

Loan Use Breakdown

Payroll
$260,800
Utilities
$21,733
Mortgage Interest
$21,733
Debt Interest
$21,733

Lender Information

Servicing Lender
The Citizens National Bank of Meridian
Originating Lender
The Citizens National Bank of Meridian

Other PPP Loans in Kosciusko, MS

BusinessApproved
Potter & Sims Foods, Inc.$1,563,828NewBizBotAI Deep Dive
Attala Steel Industries, LLC$1,133,380NewBizBotAI Deep Dive
Mitchell Metal Products INC$1,000,853NewBizBotAI Deep Dive
J.c. Cheek Contractors, Inc.$741,600NewBizBotAI Deep Dive
Dickerson Petroleum Inc.$719,800NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free