Business Services Industry
Auto loan II
Arkansas Business, May 7, 2007 by George Waldon
The owner of a Sherwood auto dealership picked up a $1.8 million loan.
North Little Rock Pontiac-Buick-GMC Inc., led by Bill Gwatney, landed the financing from Harold Gwatney.
The 4.4-acre Sherwood Pontiac-Buick-GMC development at 5700 Landers Road previously was tied to a December 2004 mortgage of $2.9 million held by General Motors Acceptance Corp. of Detroit.
The corporation bought the project for nearly $3.4 million more than two years ago from Argonaut Holdings Inc., led by Jay Malott.
COPYRIGHT 2007 Journal Publishing, Inc.
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