PPP Loan information for Highlands automotive, inc.

$487,919

Highlands automotive, inc. was initially approved for PPP Loan of amount $487,919, the current approved amount is $487,919. The loan was approved on 04/09/2020 by The Bank of Tennessee reported 48 jobs and $487,919 was used to fund payroll.

Highlands automotive, inc. is Existing or more than 2 years old

PPP Loan Search / VA / ABINGDON / Highlands automotive, inc.

HIGHLANDS AUTOMOTIVE, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HIGHLANDS AUTOMOTIVE, INC.

Borrower Address

19711 Old Jonesboro Rd

Borrower City

ABINGDON

Borrower State

VA

Borrower Zip

24211

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487918.85

Current Approval Amount

487918.85

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGDON

Project County Name

WASHINGTON

Project State

VA

Project Zip

24211-0001

CD

VA-09

Jobs Reported

48

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

487918.85

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

492188.14

Forgiveness Date

03/01/2021

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