PPP Loan information for Discount motors, inc.

$141,800

Discount motors, inc. was initially approved for PPP Loan of amount $141,800, the current approved amount is $141,800. The loan was approved on 04/28/2020 by The Pinnacle Bank reported 16 jobs and $141,800 was used to fund payroll.

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

PPP Loan Search / TN / OLD HICKORY / Discount motors, inc.

DISCOUNT MOTORS, INC.

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DISCOUNT MOTORS, INC.

Borrower Address

900 RIVERSIDE DR

Borrower City

OLD HICKORY

Borrower State

TN

Borrower Zip

37138

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141800.00

Current Approval Amount

141800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLD HICKORY

Project County Name

DAVIDSON

Project State

TN

Project Zip

37138-0001

CD

TN-05

Jobs Reported

16

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141800.00

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

143066.49

Forgiveness Date

03/23/2021

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