PPP Loan information for Classic tyler motors, inc.

$1,971,010

Classic tyler motors, inc. was initially approved for PPP Loan of amount $1,971,010, the current approved amount is $1,971,010. The loan was approved on 04/08/2020 by The Southside Bank reported 183 jobs and $1,971,010 was used to fund payroll.

Classic tyler motors, inc. is Existing or more than 2 years old

CLASSIC TYLER MOTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

CLASSIC TYLER MOTORS, INC.

Borrower Address

1717 W SOUTHWEST LOOP 323

Borrower City

TYLER

Borrower State

TX

Borrower Zip

75701-8424

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1971010.00

Current Approval Amount

1971010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72026

Servicing Lender Name

Southside Bank

Servicing Lender Address

1201 S Beckham Ave

Servicing Lender City

TYLER

Servicing Lender State

TX

Servicing Lender Zip

75701-3320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYLER

Project County Name

SMITH

Project State

TX

Project Zip

75701-8424

CD

TX-01

Jobs Reported

183

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1971010.00

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

Subchapter S Corporation

Originating Lender Location Id

72026

Originating Lender

Southside Bank

Originating Lender City

TYLER

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1994169.37

Forgiveness Date

06/11/2021

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