PPP Loan information for Clayton motor's inc.

$203,700

Clayton motor's inc. was initially approved for PPP Loan of amount $203,700, the current approved amount is $203,700. The loan was approved on 04/09/2020 by The First Horizon Bank reported 19 jobs and $203,700 was used to fund payroll.

Clayton motor's inc. is Existing or more than 2 years old

CLAYTON MOTOR'S INC.

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CLAYTON MOTOR'S INC.

Borrower Address

9715 Parkside Drive

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37922-2204

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203700.00

Current Approval Amount

203700.00

Undisbursed Amount

0.00

Franchise Name

Volvo Cars USA, LLC -  Retailer Agreement

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37922-2204

CD

TN-02

Jobs Reported

19

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

183200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

207168.56

Forgiveness Date

01/04/2022

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