PPP Loan information for Freedom usa auto sales llc

$222,605

Freedom usa auto sales llc was initially approved for PPP Loan of amount $222,605, the current approved amount is $222,605. The loan was approved on 04/10/2020 by The Volunteer State Bank reported 16 jobs and $222,605 was used to fund payroll.

Freedom usa auto sales llc is New Business or 2 years or less

FREEDOM USA AUTO SALES LLC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FREEDOM USA AUTO SALES LLC

Borrower Address

1809 GALLATIN PIKE N

Borrower City

MADISON

Borrower State

TN

Borrower Zip

37115-2016

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222605.32

Current Approval Amount

222605.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MADISON

Project County Name

DAVIDSON

Project State

TN

Project Zip

37115-2016

CD

TN-05

Jobs Reported

16

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27825.61

Payroll Proceed

166954.10

Mortgage Interest Proceed

27825.61

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225041.61

Forgiveness Date

05/13/2021

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