PPP Loan information for Cowan's auto sales and repair

$37,960

Cowan's auto sales and repair was initially approved for PPP Loan of amount $37,960, the current approved amount is $37,960. The loan was approved on 04/10/2020 by The The Bank of Milan reported 5 jobs and $37,960 was used to fund payroll.

Cowan's auto sales and repair is Existing or more than 2 years old

COWAN'S AUTO SALES AND REPAIR

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

COWAN'S AUTO SALES AND REPAIR

Borrower Address

3715 EASTEND DR

Borrower City

HUMBOLDT

Borrower State

TN

Borrower Zip

38343-1988

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37960.00

Current Approval Amount

37960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118852

Servicing Lender Name

The Bank of Milan

Servicing Lender Address

2011 E Van Hook St

Servicing Lender City

MILAN

Servicing Lender State

TN

Servicing Lender Zip

38358-2848

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUMBOLDT

Project County Name

GIBSON

Project State

TN

Project Zip

38343-1988

CD

TN-08

Jobs Reported

5

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1020.00

Payroll Proceed

36940.00

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

Sole Proprietorship

Originating Lender Location Id

118852

Originating Lender

The Bank of Milan

Originating Lender City

MILAN

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38168.78

Forgiveness Date

11/02/2020

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