PPP Loan information for Tradition motors llc

$420,381

Tradition motors llc was initially approved for PPP Loan of amount $420,381, the current approved amount is $420,381. The loan was approved on 03/25/2021 by The Ally Bank reported 41 jobs and $420,381 was used to fund payroll.

Tradition motors llc is Existing or more than 2 years old

PPP Loan Search / TN / Murfreesboro / Tradition motors llc

TRADITION MOTORS LLC

Date Approved

03/25/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

TRADITION MOTORS LLC

Borrower Address

2505 S Church St

Borrower City

Murfreesboro

Borrower State

TN

Borrower Zip

37127-6361

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

420380.85

Current Approval Amount

420380.85

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Murfreesboro

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37127-6361

CD

TN-04

Jobs Reported

41

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

420378.85

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

422249.21

Forgiveness Date

09/10/2021

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