PPP Loan information for Bates ford inc

$563,700

Bates ford inc was initially approved for PPP Loan of amount $563,700, the current approved amount is $563,700. The loan was approved on 04/13/2020 by The Wilson Bank & Trust reported 58 jobs and $563,700 was used to fund payroll.

Bates ford inc is Existing or more than 2 years old

BATES FORD INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BATES FORD INC

Borrower Address

1673 WEST MAIN ST

Borrower City

LEBANON

Borrower State

TN

Borrower Zip

37087-3138

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

563700.00

Current Approval Amount

563700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111740

Servicing Lender Name

Wilson Bank & Trust

Servicing Lender Address

623 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

WILSON

Project State

TN

Project Zip

37087-3138

CD

TN-06

Jobs Reported

58

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

563700.00

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

111740

Originating Lender

Wilson Bank & Trust

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567761.73

Forgiveness Date

01/11/2021

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