PPP Loan information for Carlen motors, inc.

$354,208

Carlen motors, inc. was initially approved for PPP Loan of amount $354,208, the current approved amount is $354,208. The loan was approved on 04/27/2020 by The Ally Bank reported 28 jobs and $354,208 was used to fund payroll.

Carlen motors, inc. is Existing or more than 2 years old

PPP Loan Search / TN / COOKEVILLE / Carlen motors, inc.

CARLEN MOTORS, INC.

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CARLEN MOTORS, INC.

Borrower Address

330 West Spring Street

Borrower City

COOKEVILLE

Borrower State

TN

Borrower Zip

38501-3126

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

354208.35

Current Approval Amount

354208.35

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer 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

Y

Business Age Description

Existing or more than 2 years old

Project City

COOKEVILLE

Project County Name

PUTNAM

Project State

TN

Project Zip

38501-3126

CD

TN-06

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

354208.35

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

357474.94

Forgiveness Date

03/31/2021

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