PPP Loan information for Higginbotham automobiles of east memphis llc

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HIGGINBOTHAM AUTOMOBILES OF EAST MEMPHIS LLC

Borrower Address

4651 SHOUSTON LEVEE RD

Borrower City

COLLIERVILLE

Borrower State

TN

Borrower Zip

38017-9006

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

929000.00

Current Approval Amount

929000.00

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car Dealer Agreement

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLIERVILLE

Project County Name

SHELBY

Project State

TN

Project Zip

38017-9006

CD

TN-08

Jobs Reported

102

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24069.44

Payroll Proceed

743203.90

Mortgage Interest Proceed

35770.15

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20519.00

Debt Interest Proceed

105437.51

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

935167.53

Forgiveness Date

12/09/2020