PPP Loan information for Terry & sons automotive repair

$25,300

Terry & sons automotive repair was initially approved for PPP Loan of amount $25,300, the current approved amount is $25,300. The loan was approved on 04/03/2020 by The Wayne County Bank reported 2 jobs and $25,300 was used to fund payroll.

Terry & sons automotive repair is Existing or more than 2 years old

PPP Loan Search / TN / WAYNESBORO / Terry & sons automotive repair

TERRY & SONS AUTOMOTIVE REPAIR

Date Approved

04/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TERRY & SONS AUTOMOTIVE REPAIR

Borrower Address

424 Old Hog Creek Rd

Borrower City

WAYNESBORO

Borrower State

TN

Borrower Zip

38485-3704

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25300.00

Current Approval Amount

25300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68917

Servicing Lender Name

Wayne County Bank

Servicing Lender Address

216 S High St

Servicing Lender City

WAYNESBORO

Servicing Lender State

TN

Servicing Lender Zip

38485-2616

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNESBORO

Project County Name

WAYNE

Project State

TN

Project Zip

38485-3704

CD

TN-07

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3900.00

Payroll Proceed

20400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

68917

Originating Lender

Wayne County Bank

Originating Lender City

WAYNESBORO

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25455.96

Forgiveness Date

11/25/2020

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