PPP Loan information for Farris motor company

$310,700

Farris motor company was initially approved for PPP Loan of amount $310,700, the current approved amount is $310,700. The loan was approved on 04/13/2020 by The Commercial Bank reported 41 jobs and $310,700 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

04/13/2020

SBA Office Code

0474

Processing Method

PPP

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

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310700.00

Current Approval Amount

310700.00

Undisbursed Amount

0.00

Franchise Name

Dodge - Sales and Service Agreement

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

JEFFERSON CITY

Project County Name

JEFFERSON

Project State

TN

Project Zip

37760-2809

CD

TN-02

Jobs Reported

41

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310700.00

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

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312987.10

Forgiveness Date

01/08/2021

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