PPP Loan information for Newnan imports inc

$1,041,967

Newnan imports inc was initially approved for PPP Loan of amount $1,041,967, the current approved amount is $1,041,967. The loan was approved on 04/16/2020 by The Toyota Financial Savings Bank reported 86 jobs and $1,041,967 was used to fund payroll.

Newnan imports inc is Existing or more than 2 years old

NEWNAN IMPORTS INC

Date Approved

04/16/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NEWNAN IMPORTS INC

Borrower Address

2 Herring Rd

Borrower City

NEWNAN

Borrower State

GA

Borrower Zip

30265

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1041967.00

Current Approval Amount

1041967.00

Undisbursed Amount

0.00

Franchise Name

Southeast Toyota Distributors, LLC - Toyota Dealer Agreement

Servicing Lender Location Id

387964

Servicing Lender Name

Toyota Financial Savings Bank

Servicing Lender Address

2485 Village View Dr, Ste 200

Servicing Lender City

HENDERSON

Servicing Lender State

NV

Servicing Lender Zip

89074-7133

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWNAN

Project County Name

COWETA

Project State

GA

Project Zip

30265-0001

CD

GA-03

Jobs Reported

86

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1041967.00

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

387964

Originating Lender

Toyota Financial Savings Bank

Originating Lender City

HENDERSON

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1048566.12

Forgiveness Date

12/09/2020

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