PPP Loan information for Lakeway auto sales inc

$323,732

Lakeway auto sales inc was initially approved for PPP Loan of amount $323,732, the current approved amount is $323,732. The loan was approved on 04/27/2020 by The First Horizon Bank reported 28 jobs and $323,732 was used to fund payroll.

Lakeway auto sales inc is Existing or more than 2 years old

PPP Loan Search / TN / MORRISTOWN / Lakeway auto sales inc

LAKEWAY AUTO SALES INC

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LAKEWAY AUTO SALES INC

Borrower Address

3017 W Andrew Johnson Hwy

Borrower City

MORRISTOWN

Borrower State

TN

Borrower Zip

37814-3614

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323732.00

Current Approval Amount

323732.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORRISTOWN

Project County Name

HAMBLEN

Project State

TN

Project Zip

37814-3614

CD

TN-01

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6600.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

17132.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326375.81

Forgiveness Date

02/24/2021

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