PPP Loan information for Stovall body shop

$112,058

Stovall body shop was initially approved for PPP Loan of amount $112,058, the current approved amount is $112,058. The loan was approved on 04/13/2020 by The Bank of Lincoln County reported 10 jobs and $112,058 was used to fund payroll.

Stovall body shop is Existing or more than 2 years old

STOVALL BODY SHOP

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

STOVALL BODY SHOP

Borrower Address

9 MOLINO RD

Borrower City

FAYETTEVILLE

Borrower State

TN

Borrower Zip

37334-3812

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112058.30

Current Approval Amount

112058.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

263677

Servicing Lender Name

Bank of Lincoln County

Servicing Lender Address

307 E College St

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

TN

Servicing Lender Zip

37334-3005

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

LINCOLN

Project State

TN

Project Zip

37334-3812

CD

TN-04

Jobs Reported

10

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11205.80

Payroll Proceed

100852.50

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

Sole Proprietorship

Originating Lender Location Id

263677

Originating Lender

Bank of Lincoln County

Originating Lender City

FAYETTEVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

112687.07

Forgiveness Date

11/03/2020

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