PPP Loan information for King motor company inc

$232,600

King motor company inc was initially approved for PPP Loan of amount $232,600, the current approved amount is $232,600. The loan was approved on 04/14/2020 by The Regions Bank reported 24 jobs and $232,600 was used to fund payroll.

King motor company inc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / King motor company inc

KING MOTOR COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

KING MOTOR COMPANY INC

Borrower Address

2707 OLD CALLAHAN DRIVE

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37912-1023

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232600.00

Current Approval Amount

232600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37912-1023

CD

TN-02

Jobs Reported

24

NAICS Code

811121

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

232600.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233842.66

Forgiveness Date

11/05/2020

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