PPP Loan information for Parks motor sales inc.

$672,820

Parks motor sales inc. was initially approved for PPP Loan of amount $672,820, the current approved amount is $672,820. The loan was approved on 04/27/2020 by The First Farmers and Merchants Bank reported 43 jobs and $672,820 was used to fund payroll.

Parks motor sales inc. is Existing or more than 2 years old

PPP Loan Search / TN / COLUMBIA / Parks motor sales inc.

PARKS MOTOR SALES INC.

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PARKS MOTOR SALES INC.

Borrower Address

919 NASHVILLE HWY

Borrower City

COLUMBIA

Borrower State

TN

Borrower Zip

38401

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672820.00

Current Approval Amount

672820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66879

Servicing Lender Name

First Farmers and Merchants Bank

Servicing Lender Address

816 S Garden St

Servicing Lender City

Columbia

Servicing Lender State

TN

Servicing Lender Zip

38401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

MAURY

Project State

TN

Project Zip

38401-0001

CD

TN-04

Jobs Reported

43

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

672820.00

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

Corporation

Originating Lender Location Id

66879

Originating Lender

First Farmers and Merchants Bank

Originating Lender City

Columbia

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

666686.45

Forgiveness Date

11/27/2020

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