PPP Loan information for Smoky mountain automotive, inc

$290,322

Smoky mountain automotive, inc was initially approved for PPP Loan of amount $290,322, the current approved amount is $290,322. The loan was approved on 04/15/2020 by The Ally Bank reported 27 jobs and $290,322 was used to fund payroll.

Smoky mountain automotive, inc is Existing or more than 2 years old

PPP Loan Search / NC / FRANKLIN / Smoky mountain automotive, inc

SMOKY MOUNTAIN AUTOMOTIVE, INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SMOKY MOUNTAIN AUTOMOTIVE, INC

Borrower Address

556 HIGHLANDS RD

Borrower City

FRANKLIN

Borrower State

NC

Borrower Zip

28734-9544

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290322.33

Current Approval Amount

290322.33

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

MACON

Project State

NC

Project Zip

28734-9544

CD

NC-11

Jobs Reported

27

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

290322.33

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293096.52

Forgiveness Date

03/31/2021

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