PPP Loan information for Knoxville motor company

$1,554,600

Knoxville motor company was initially approved for PPP Loan of amount $1,164,577, the current approved amount is $1,554,600. The loan was approved on 04/07/2020 by The Pinnacle Bank reported 130 jobs and $1,554,600 was used to fund payroll.

Knoxville motor company is Existing or more than 2 years old

KNOXVILLE MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

KNOXVILLE MOTOR COMPANY

Borrower Address

10131 PARKSIDE DR

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37922-1945

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1164577.00

Current Approval Amount

1554600.00

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car Dealer Agreement

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37922-1945

CD

TN-02

Jobs Reported

130

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1554600.00

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

Partnership

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1575257.01

Forgiveness Date

08/12/2021

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