Date Approved
04/14/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
TOWNSEND AUTO-MART, INC.
Borrower Address
7809 US HIGHWAY 51
Borrower City
MILLINGTON
Borrower State
TN
Borrower Zip
38053
Loan Status Date
12/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
26767.50
Current Approval Amount
26767.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39848
Servicing Lender Name
Cadence Bank
Servicing Lender Address
201 S Spring St
Servicing Lender City
TUPELO
Servicing Lender State
MS
Servicing Lender Zip
38804-4811
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHELBY
Project State
Project Zip
38053-0200
CD
TN-08
Jobs Reported
7
NAICS Code
441120
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
26920.91
Forgiveness Date
11/19/2020