PPP Loan information for Automotive collision technology inc

$258,460

Automotive collision technology inc was initially approved for PPP Loan of amount $258,460, the current approved amount is $258,460. The loan was approved on 03/18/2021 by The Mountain Commerce Bank reported 19 jobs and $258,460 was used to fund payroll.

Automotive collision technology inc is Existing or more than 2 years old

AUTOMOTIVE COLLISION TECHNOLOGY INC

Date Approved

03/18/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

AUTOMOTIVE COLLISION TECHNOLOGY INC

Borrower Address

3004 Bristol Hwy

Borrower City

Johnson City

Borrower State

TN

Borrower Zip

37601-1512

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258460.00

Current Approval Amount

258460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Johnson City

Project County Name

WASHINGTON

Project State

TN

Project Zip

37601-1512

CD

TN-01

Jobs Reported

19

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

258458.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260305.12

Forgiveness Date

12/02/2021

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