PPP Loan information for Cars recon, inc.

$800,000

Cars recon, inc. was initially approved for PPP Loan of amount $800,000, the current approved amount is $800,000. The loan was approved on 04/30/2020 by The Regions Bank reported 417 jobs and $800,000 was used to fund payroll.

Cars recon, inc. is Existing or more than 2 years old

CARS RECON, INC.

Date Approved

04/30/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CARS RECON, INC.

Borrower Address

124 Ave South

Borrower City

Franklin

Borrower State

TN

Borrower Zip

37064

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

800000.00

Current Approval Amount

800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37064-0300

CD

TN-07

Jobs Reported

417

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

800000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

809052.05

Forgiveness Date

06/28/2021

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