PPP Loan information for Wood motor company,inc.

$103,631

Wood motor company,inc. was initially approved for PPP Loan of amount $103,631, the current approved amount is $103,631. The loan was approved on 04/27/2020 by The Sumner Bank & Trust reported 9 jobs and $103,631 was used to fund payroll.

Wood motor company,inc. is Existing or more than 2 years old

WOOD MOTOR COMPANY,INC.

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WOOD MOTOR COMPANY,INC.

Borrower Address

901 E OLD HICKORY BLVD

Borrower City

MADISON

Borrower State

TN

Borrower Zip

37115-4158

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103631.35

Current Approval Amount

103631.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434020

Servicing Lender Name

Sumner Bank & Trust

Servicing Lender Address

780 Browns Ln

Servicing Lender City

GALLATIN

Servicing Lender State

TN

Servicing Lender Zip

37066-7575

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DAVIDSON

Project State

TN

Project Zip

37115-4158

CD

TN-05

Jobs Reported

9

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103631.35

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

434020

Originating Lender

Sumner Bank & Trust

Originating Lender City

GALLATIN

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104273.29

Forgiveness Date

12/09/2020

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