PPP Loan information for Heritage automotive center, inc

$449,100

Heritage automotive center, inc was initially approved for PPP Loan of amount $449,100, the current approved amount is $449,100. The loan was approved on 04/03/2020 by The Wayne County Bank reported 35 jobs and $449,100 was used to fund payroll.

Heritage automotive center, inc is Existing or more than 2 years old

PPP Loan Search / TN / LAWRENCEBURG / Heritage automotive center, inc

HERITAGE AUTOMOTIVE CENTER, INC

Date Approved

04/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HERITAGE AUTOMOTIVE CENTER, INC

Borrower Address

2122 North Locust Ave

Borrower City

LAWRENCEBURG

Borrower State

TN

Borrower Zip

38464-4401

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

449100.00

Current Approval Amount

449100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68917

Servicing Lender Name

Wayne County Bank

Servicing Lender Address

216 S High St

Servicing Lender City

WAYNESBORO

Servicing Lender State

TN

Servicing Lender Zip

38485-2616

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCEBURG

Project County Name

LAWRENCE

Project State

TN

Project Zip

38464-4401

CD

TN-07

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

360000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7100.00

Debt Interest Proceed

50000

Business Type

Corporation

Originating Lender Location Id

68917

Originating Lender

Wayne County Bank

Originating Lender City

WAYNESBORO

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

453209.57

Forgiveness Date

03/11/2021

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