PPP Loan information for Rails used cars & salvage

$14,083

Rails used cars & salvage was initially approved for PPP Loan of amount $14,083, the current approved amount is $14,083. The loan was approved on 04/14/2020 by The Builtwell Bank reported 3 jobs and $14,083 was used to fund payroll.

Rails used cars & salvage is Existing or more than 2 years old

RAILS USED CARS & SALVAGE

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RAILS USED CARS & SALVAGE

Borrower Address

39 Dukes Park Road

Borrower City

Summertown

Borrower State

TN

Borrower Zip

38483-7013

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14083.32

Current Approval Amount

14083.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Summertown

Project County Name

LAWRENCE

Project State

TN

Project Zip

38483-7013

CD

TN-07

Jobs Reported

3

NAICS Code

423140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14083.32

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

Sole Proprietorship

Originating Lender Location Id

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14149.04

Forgiveness Date

10/13/2020

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