PPP Loan information for Schaeffer automotive group, inc

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SCHAEFFER AUTOMOTIVE GROUP, INC

Borrower Address

2982 N.GERMANTOWN RD

Borrower City

BARTLETT

Borrower State

TN

Borrower Zip

38133-4002

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1465147.00

Current Approval Amount

1465147.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

68760

Servicing Lender Name

Commercial Bank and Trust Company

Servicing Lender Address

101 N Poplar St

Servicing Lender City

PARIS

Servicing Lender State

TN

Servicing Lender Zip

38242-4015

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARTLETT

Project County Name

SHELBY

Project State

TN

Project Zip

38133-4002

CD

TN-08

Jobs Reported

125

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1465147.00

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

68760

Originating Lender

Commercial Bank and Trust Company

Originating Lender City

PARIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1479838.61

Forgiveness Date

04/15/2021