PPP Loan information for Ole ben franklin motors

$915,533

Ole ben franklin motors was initially approved for PPP Loan of amount $915,533, the current approved amount is $915,533. The loan was approved on 04/14/2020 by The Pinnacle Bank reported 85 jobs and $915,533 was used to fund payroll.

Ole ben franklin motors is New Business or 2 years or less

PPP Loan Search / TN / OAK RIDGE / Ole ben franklin motors

OLE BEN FRANKLIN MOTORS

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

OLE BEN FRANKLIN MOTORS

Borrower Address

480 ILLINOIS AVE

Borrower City

OAK RIDGE

Borrower State

TN

Borrower Zip

37830

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

915532.50

Current Approval Amount

915532.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

OAK RIDGE

Project County Name

ANDERSON

Project State

TN

Project Zip

37830-0600

CD

TN-03

Jobs Reported

85

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

915532.50

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 Partnership

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

921677.86

Forgiveness Date

12/22/2020

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