Higginbotham Automobiles of East Memphis LLC
$929,000 PPP Loan in Collierville, Tennessee
Loan Details
- Loan Number
- 1001717100
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $929,000
- Current Approval
- $929,000
- Forgiveness Amount
- $935,168
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Higginbotham Automobiles of East Memphis LLC
- Address
- 4651 Shouston Levee Rd
- City
- Collierville
- State
- Tennessee
- ZIP Code
- 38017-9006
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Mercedes-Benz - Passenger Car Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 102
- Estimated Revenue
- $25.7M
- Rural/Urban
- Urban
- Congressional District
- TN-08
Loan Use Breakdown
- Payroll
- $743,204
- Utilities
- $24,069
- Health Care
- $20,519
- Mortgage Interest
- $35,770
- Debt Interest
- $105,438
Lender Information
- Servicing Lender
- Bankplus
- Originating Lender
- Bankplus
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