PPP Loan information for Capital motor sales inc

$2,316,800

Capital motor sales inc was initially approved for PPP Loan of amount $2,316,800, the current approved amount is $2,316,800. The loan was approved on 04/14/2020 by The Pinnacle Bank reported 202 jobs and $2,316,800 was used to fund payroll.

Capital motor sales inc is Existing or more than 2 years old

PPP Loan Search / TN / CHATTANOOGA / Capital motor sales inc

CAPITAL MOTOR SALES INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CAPITAL MOTOR SALES INC

Borrower Address

5808 LEE HWY

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37421-3544

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2316800.00

Current Approval Amount

2316800.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

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

37421-3544

CD

TN-03

Jobs Reported

202

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2316800.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2343459.07

Forgiveness Date

06/11/2021

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