PPP Loan information for Interstate motors llc

$680,800

Interstate motors llc was initially approved for PPP Loan of amount $680,800, the current approved amount is $680,800. The loan was approved on 02/12/2021 by The Security Bank and Trust Company reported 65 jobs and $680,800 was used to fund payroll.

Interstate motors llc is Existing or more than 2 years old

INTERSTATE MOTORS LLC

Date Approved

02/12/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

INTERSTATE MOTORS LLC

Borrower Address

1703 W Main St

Borrower City

Union City

Borrower State

TN

Borrower Zip

38261-1547

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

680800.00

Current Approval Amount

680800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66905

Servicing Lender Name

Security Bank and Trust Company

Servicing Lender Address

210 W Washington St

Servicing Lender City

PARIS

Servicing Lender State

TN

Servicing Lender Zip

38242-4013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Union City

Project County Name

OBION

Project State

TN

Project Zip

38261-1547

CD

TN-08

Jobs Reported

65

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

680798.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66905

Originating Lender

Security Bank and Trust Company

Originating Lender City

PARIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

684922.62

Forgiveness Date

09/27/2021

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