PPP Loan information for Jim keras automotive group inc

$3,633,860

Jim keras automotive group inc was initially approved for PPP Loan of amount $3,633,860, the current approved amount is $3,633,860. The loan was approved on 04/08/2020 by The First Horizon Bank reported 322 jobs and $3,633,860 was used to fund payroll.

Jim keras automotive group inc is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Jim keras automotive group inc

JIM KERAS AUTOMOTIVE GROUP INC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

JIM KERAS AUTOMOTIVE GROUP INC

Borrower Address

2000 Covington Pike

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38128-6982

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3633860.00

Current Approval Amount

3633860.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38128-6982

CD

TN-09

Jobs Reported

322

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

70000.00

Payroll Proceed

3088818.00

Mortgage Interest Proceed

0.00

Rent Proceed

338900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

53000.00

Debt Interest Proceed

83142

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3675952.21

Forgiveness Date

06/15/2021

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