PPP Loan information for Ray varner ford, llc

$528,665

Ray varner ford, llc was initially approved for PPP Loan of amount $528,665, the current approved amount is $528,665. The loan was approved on 04/11/2020 by The First Horizon Bank reported 54 jobs and $528,665 was used to fund payroll.

Ray varner ford, llc is Existing or more than 2 years old

RAY VARNER FORD, LLC

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RAY VARNER FORD, LLC

Borrower Address

2026 N. Charles G Seviers Blvd.

Borrower City

CLINTON

Borrower State

TN

Borrower Zip

37716-6736

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

528665.00

Current Approval Amount

528665.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

ANDERSON

Project State

TN

Project Zip

37716-6736

CD

TN-03

Jobs Reported

54

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

504298.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24367.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

534964.92

Forgiveness Date

06/30/2021

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