PPP Loan information for Townsend auto-mart, inc.

$26,767

Townsend auto-mart, inc. was initially approved for PPP Loan of amount $26,768, the current approved amount is $26,767. The loan was approved on 04/14/2020 by The Cadence Bank reported 7 jobs and $26,767 was used to fund payroll.

Townsend auto-mart, inc. is Existing or more than 2 years old

TOWNSEND AUTO-MART, INC.

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

N

Business Age Description

Existing or more than 2 years old

Project City

MILLINGTON

Project County Name

SHELBY

Project State

TN

Project Zip

38053-0200

CD

TN-08

Jobs Reported

7

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26767.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26920.91

Forgiveness Date

11/19/2020

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