PPP Loan information for Macs auto sales

$10,800

Macs auto sales was initially approved for PPP Loan of amount $10,800, the current approved amount is $10,800. The loan was approved on 05/05/2020 by The First Community Bank of East Tennessee reported 1 jobs and $10,800 was used to fund payroll.

Macs auto sales is Existing or more than 2 years old

MACS AUTO SALES

Date Approved

05/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MACS AUTO SALES

Borrower Address

3652 U.S. 25E Scenic

Borrower City

Bean Station

Borrower State

TN

Borrower Zip

37708

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10800.00

Current Approval Amount

10800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118116

Servicing Lender Name

First Community Bank of East Tennessee

Servicing Lender Address

809 W Main St

Servicing Lender City

ROGERSVILLE

Servicing Lender State

TN

Servicing Lender Zip

37857-3652

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bean Station

Project County Name

GRAINGER

Project State

TN

Project Zip

37708-0001

CD

TN-02

Jobs Reported

1

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10800.00

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

118116

Originating Lender

First Community Bank of East Tennessee

Originating Lender City

ROGERSVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10875.90

Forgiveness Date

01/20/2021

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