PPP Loan information for Advanced collision, inc

$1,021,124

Advanced collision, inc was initially approved for PPP Loan of amount $1,021,124, the current approved amount is $1,021,124. The loan was approved on 04/10/2020 by The First Horizon Bank reported 103 jobs and $1,021,124 was used to fund payroll.

Advanced collision, inc is Existing or more than 2 years old

ADVANCED COLLISION, INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ADVANCED COLLISION, INC

Borrower Address

4134 JERSEY PIKE

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37421-2201

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1021124.00

Current Approval Amount

1021124.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37421-2201

CD

TN-03

Jobs Reported

103

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

340374.66

Payroll Proceed

340374.68

Mortgage Interest Proceed

340374.66

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1032554.92

Forgiveness Date

06/04/2021

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