PPP Loan information for Somerville auto sales & service inc.

$74,515

Somerville auto sales & service inc. was initially approved for PPP Loan of amount $74,515, the current approved amount is $74,515. The loan was approved on 04/15/2020 by The Trustmark National Bank reported 8 jobs and $74,515 was used to fund payroll.

Somerville auto sales & service inc. is Existing or more than 2 years old

PPP Loan Search / TN / SOMERVILLE / Somerville auto sales & service inc.

SOMERVILLE AUTO SALES & SERVICE INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOMERVILLE AUTO SALES & SERVICE INC.

Borrower Address

17275 Highway 64

Borrower City

SOMERVILLE

Borrower State

TN

Borrower Zip

38068-6162

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74515.00

Current Approval Amount

74515.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

FAYETTE

Project State

TN

Project Zip

38068-6162

CD

TN-08

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74515.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75036.60

Forgiveness Date

12/31/2020

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