PPP Loan information for King cotton motor co of covington, inc

$278,738

King cotton motor co of covington, inc was initially approved for PPP Loan of amount $278,738, the current approved amount is $278,738. The loan was approved on 04/10/2020 by The BankTennessee reported 22 jobs and $278,738 was used to fund payroll.

King cotton motor co of covington, inc is Existing or more than 2 years old

PPP Loan Search / TN / COVINGTON / King cotton motor co of covington, inc

KING COTTON MOTOR CO OF COVINGTON, INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

KING COTTON MOTOR CO OF COVINGTON, INC

Borrower Address

959 HIGHWAY 51 n

Borrower City

COVINGTON

Borrower State

TN

Borrower Zip

38019-1523

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278737.50

Current Approval Amount

278737.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122149

Servicing Lender Name

BankTennessee

Servicing Lender Address

1125 W Poplar Ave

Servicing Lender City

COLLIERVILLE

Servicing Lender State

TN

Servicing Lender Zip

38017-3102

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

TIPTON

Project State

TN

Project Zip

38019-1523

CD

TN-08

Jobs Reported

22

NAICS Code

441110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

278737.50

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

122149

Originating Lender

BankTennessee

Originating Lender City

COLLIERVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

270611.20

Forgiveness Date

12/23/2020

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