PPP Loan information for Hatcher chev-buick-pontiac- gmc, inc.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HATCHER CHEV-BUICK-PONTIAC- GMC, INC.

Borrower Address

1336 SOUTH DUPREE AVE

Borrower City

BROWNSVILLE

Borrower State

TN

Borrower Zip

38012-3222

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336780.00

Current Approval Amount

336780.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

66824

Servicing Lender Name

INSOUTH Bank

Servicing Lender Address

111 S Washington

Servicing Lender City

BROWNSVILLE

Servicing Lender State

TN

Servicing Lender Zip

38012-3033

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROWNSVILLE

Project County Name

HAYWOOD

Project State

TN

Project Zip

38012-3222

CD

TN-08

Jobs Reported

30

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4800.00

Payroll Proceed

284567.00

Mortgage Interest Proceed

7413.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66824

Originating Lender

INSOUTH Bank

Originating Lender City

BROWNSVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

338997.14

Forgiveness Date

12/09/2020