PPP Loan information for Townsend auto-mart inc.

$24,870

Townsend auto-mart inc. was initially approved for PPP Loan of amount $24,870, the current approved amount is $24,870. The loan was approved on 03/09/2021 by The Loan Source Incorporated reported 6 jobs and $24,870 was used to fund payroll.

Townsend auto-mart inc. is Existing or more than 2 years old

PPP Loan Search / TN / Millington / Townsend auto-mart inc.

TOWNSEND AUTO-MART INC.

Date Approved

03/09/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

TOWNSEND AUTO-MART INC.

Borrower Address

7809 US Highway 51 N

Borrower City

Millington

Borrower State

TN

Borrower Zip

38053-2227

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24870.00

Current Approval Amount

24870.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millington

Project County Name

SHELBY

Project State

TN

Project Zip

38053-2227

CD

TN-08

Jobs Reported

6

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24868.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25039.66

Forgiveness Date

11/17/2021

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