PPP Loan information for Farris motor company

$310,734

Farris motor company was initially approved for PPP Loan of amount $310,734, the current approved amount is $310,734. The loan was approved on 02/24/2021 by The First Peoples Bank of Tennessee reported 35 jobs and $310,734 was used to fund payroll.

Farris motor company is Existing or more than 2 years old

PPP Loan Search / TN / Jefferson City / Farris motor company

FARRIS MOTOR COMPANY

Date Approved

02/24/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

FARRIS MOTOR COMPANY

Borrower Address

246 E Broadway Blvd

Borrower City

Jefferson City

Borrower State

TN

Borrower Zip

37760-2809

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

310734.00

Current Approval Amount

310734.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67093

Servicing Lender Name

First Peoples Bank of Tennessee

Servicing Lender Address

206 W Broadway Blvd

Servicing Lender City

JEFFERSON CITY

Servicing Lender State

TN

Servicing Lender Zip

37760-2301

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jefferson City

Project County Name

JEFFERSON

Project State

TN

Project Zip

37760-2809

CD

TN-02

Jobs Reported

35

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

310732.00

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

67093

Originating Lender

First Peoples Bank of Tennessee

Originating Lender City

JEFFERSON CITY

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312002.83

Forgiveness Date

07/28/2021

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