PPP Loan information for Somerville auto sales & service inc

$74,127

Somerville auto sales & service inc was initially approved for PPP Loan of amount $74,127, the current approved amount is $74,127. The loan was approved on 02/22/2021 by The Loan Source Incorporated reported 8 jobs and $74,127 was used to fund payroll.

Somerville auto sales & service inc is Existing or more than 2 years old

PPP Loan Search / TN / Somerville / Somerville auto sales & service inc

SOMERVILLE AUTO SALES & SERVICE INC

Date Approved

02/22/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SOMERVILLE AUTO SALES & SERVICE INC

Borrower Address

17275 US Highway 64

Borrower City

Somerville

Borrower State

TN

Borrower Zip

38068-6162

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74127.00

Current Approval Amount

74127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

FAYETTE

Project State

TN

Project Zip

38068-6162

CD

TN-08

Jobs Reported

8

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74127.00

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

Subchapter S Corporation

Originating Lender Location Id

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74738.29

Forgiveness Date

12/23/2021

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