PPP Loan information for Gossett motor cars inc

$4,084,243

Gossett motor cars inc was initially approved for PPP Loan of amount $4,084,243, the current approved amount is $4,084,243. The loan was approved on 04/09/2020 by The Truist Bank reported 435 jobs and $4,084,243 was used to fund payroll.

Gossett motor cars inc is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Gossett motor cars inc

GOSSETT MOTOR CARS INC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GOSSETT MOTOR CARS INC

Borrower Address

1900 COVINGTON PIKE

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38128-6981

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4084242.50

Current Approval Amount

4084242.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38128-6981

CD

TN-09

Jobs Reported

435

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4084242.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4136316.59

Forgiveness Date

07/26/2021

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