PPP Loan information for Automotive distribution network, llc

$678,200

Automotive distribution network, llc was initially approved for PPP Loan of amount $678,200, the current approved amount is $678,200. The loan was approved on 04/08/2020 by The First Horizon Bank reported 38 jobs and $678,200 was used to fund payroll.

Automotive distribution network, llc is Existing or more than 2 years old

PPP Loan Search / TN / GERMANTOWN / Automotive distribution network, llc

AUTOMOTIVE DISTRIBUTION NETWORK, LLC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AUTOMOTIVE DISTRIBUTION NETWORK, LLC

Borrower Address

3085 FOUNTAINSIDE DR, Suite 210

Borrower City

GERMANTOWN

Borrower State

TN

Borrower Zip

38138-7832

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

678200.00

Current Approval Amount

678200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GERMANTOWN

Project County Name

SHELBY

Project State

TN

Project Zip

38138-7832

CD

TN-08

Jobs Reported

38

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7363.00

Payroll Proceed

664900.00

Mortgage Interest Proceed

5937.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

686978.92

Forgiveness Date

08/09/2021

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