PPP Loan information for Reiselman motor company llc

$427,450

Reiselman motor company llc was initially approved for PPP Loan of amount $427,450, the current approved amount is $427,450. The loan was approved on 04/06/2020 by The The Huntington National Bank reported 38 jobs and $427,450 was used to fund payroll.

Reiselman motor company llc is New Business or 2 years or less

REISELMAN MOTOR COMPANY LLC

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

REISELMAN MOTOR COMPANY LLC

Borrower Address

2516 MEMORIAL BLVD

Borrower City

SPRINGFIELD

Borrower State

TN

Borrower Zip

37172-3923

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427450.00

Current Approval Amount

427450.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SPRINGFIELD

Project County Name

ROBERTSON

Project State

TN

Project Zip

37172-3923

CD

TN-06

Jobs Reported

38

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

427450.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

431490.28

Forgiveness Date

04/08/2021

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