PPP Loan information for Peake motor company inc

$973,800

Peake motor company inc was initially approved for PPP Loan of amount $973,800, the current approved amount is $973,800. The loan was approved on 04/10/2020 by The First Horizon Bank reported 74 jobs and $973,800 was used to fund payroll.

Peake motor company inc is Existing or more than 2 years old

PEAKE MOTOR COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PEAKE MOTOR COMPANY INC

Borrower Address

2630 Veterans Blvd.

Borrower City

KENNER

Borrower State

LA

Borrower Zip

70062

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

973800.00

Current Approval Amount

973800.00

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

KENNER

Project County Name

JEFFERSON

Project State

LA

Project Zip

70062-3400

CD

LA-02

Jobs Reported

74

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

973800.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

986946.30

Forgiveness Date

08/20/2021

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