PPP Loan information for Ellis auto sales #2 inc

$11,200

Ellis auto sales #2 inc was initially approved for PPP Loan of amount $11,200, the current approved amount is $11,200. The loan was approved on 04/15/2020 by The Commercial Bank reported 2 jobs and $11,200 was used to fund payroll.

Ellis auto sales #2 inc is Existing or more than 2 years old

ELLIS AUTO SALES #2 INC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ELLIS AUTO SALES #2 INC

Borrower Address

2568 HWY 25E

Borrower City

NEW TAZEWELL

Borrower State

TN

Borrower Zip

37879-3845

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11200.00

Current Approval Amount

11200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW TAZEWELL

Project County Name

CLAIBORNE

Project State

TN

Project Zip

37879-3845

CD

TN-02

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2800.00

Payroll Proceed

8400.00

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

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11304.53

Forgiveness Date

03/22/2021

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