PPP Loan information for Worthington motor co, inc

$16,932

Worthington motor co, inc was initially approved for PPP Loan of amount $16,932, the current approved amount is $16,932. The loan was approved on 04/27/2020 by The Southern Bank of Tennessee reported 4 jobs and $16,932 was used to fund payroll.

Worthington motor co, inc is Existing or more than 2 years old

PPP Loan Search / TN / CLINTON / Worthington motor co, inc

WORTHINGTON MOTOR CO, INC

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WORTHINGTON MOTOR CO, INC

Borrower Address

749 S Charles G. Seivers Blvd

Borrower City

CLINTON

Borrower State

TN

Borrower Zip

37716-2725

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16932.00

Current Approval Amount

16932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123248

Servicing Lender Name

Southern Bank of Tennessee

Servicing Lender Address

675 N Mount Juliet Rd

Servicing Lender City

MOUNT JULIET

Servicing Lender State

TN

Servicing Lender Zip

37122-3399

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

ANDERSON

Project State

TN

Project Zip

37716-2725

CD

TN-03

Jobs Reported

4

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16932.00

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

123248

Originating Lender

Southern Bank of Tennessee

Originating Lender City

MOUNT JULIET

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13012.11

Forgiveness Date

12/15/2020

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