Date Approved
04/10/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
KING COTTON MOTOR CO OF COVINGTON, INC
Borrower Address
959 HIGHWAY 51 n
Borrower City
COVINGTON
Borrower State
TN
Borrower Zip
38019-1523
Loan Status Date
03/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
278737.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122149
Servicing Lender Name
BankTennessee
Servicing Lender Address
1125 W Poplar Ave
Servicing Lender City
COLLIERVILLE
Servicing Lender State
Servicing Lender Zip
38017-3102
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TIPTON
Project State
Project Zip
CD
TN-08
Jobs Reported
22
NAICS Code
441110
Race
Unanswered
Ethnicity
Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
270611.20
Forgiveness Date
12/23/2020