PPP Loan information for Lenoir city ford inc

$734,940

Lenoir city ford inc was initially approved for PPP Loan of amount $734,940, the current approved amount is $734,940. The loan was approved on 04/13/2020 by The First-Citizens National Bank reported 49 jobs and $734,940 was used to fund payroll.

Lenoir city ford inc is Existing or more than 2 years old

LENOIR CITY FORD INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LENOIR CITY FORD INC

Borrower Address

775 HIGHWAY 321 N

Borrower City

LENOIR CITY

Borrower State

TN

Borrower Zip

37771-6547

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

734940.00

Current Approval Amount

734940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66949

Servicing Lender Name

First-Citizens National Bank

Servicing Lender Address

One First Citizens Pl

Servicing Lender City

DYERSBURG

Servicing Lender State

TN

Servicing Lender Zip

38024-4643

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LENOIR CITY

Project County Name

LOUDON

Project State

TN

Project Zip

37771-6547

CD

TN-02

Jobs Reported

49

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

183735.00

Payroll Proceed

551205.00

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

Corporation

Originating Lender Location Id

66949

Originating Lender

First-Citizens National Bank

Originating Lender City

DYERSBURG

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

741570.29

Forgiveness Date

03/31/2021

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