PPP Loan information for Hixson auto center inc

$62,500

Hixson auto center inc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 02/18/2021 by The First Horizon Bank reported 8 jobs and $62,500 was used to fund payroll.

Hixson auto center inc is Existing or more than 2 years old

PPP Loan Search / TN / Hixson / Hixson auto center inc

HIXSON AUTO CENTER INC

Date Approved

02/18/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

HIXSON AUTO CENTER INC

Borrower Address

5128 Hixson Pike

Borrower City

Hixson

Borrower State

TN

Borrower Zip

37343-3927

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hixson

Project County Name

HAMILTON

Project State

TN

Project Zip

37343-3927

CD

TN-03

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62497.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63272.57

Forgiveness Date

05/18/2022

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