Initial Investments Llc(epc) and Avery Auto Sales(oc)

1226 Snow Street, Oxford, AL 36203 · Used Car Dealers (NAICS 441120)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$2.1M

Jobs Supported

10

Years Active

2011

Loan History (1)

Source: SBA FOIA
7(a)$2,146,500
Exempt
Approved
Jun 22, 2011 (FY2011)
SBA Guaranteed
$1,609,875 (75%)
Term
300 months (25.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
10
Business Type
Corporation
Industry
Used Car Dealers (NAICS 441120)

Lender

Farmers and Merchants Bank

112 E Ladiga St, Piedmont, AL 36272

Project Location

Calhoun County, AL

Business Details

Business Type
Corporation
NAICS Code
441120 Used Car Dealers
Address
1226 Snow Street
Oxford, AL 36203

Lender

Farmers and Merchants Bank
112 E Ladiga St, Piedmont, AL 36272

Other SBA Borrowers in Oxford

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