Franklin Auto Acquisitions, Inc.

$482,939 PPP Loan in Franklin, Tennessee

Loan Details

Loan Number
1640867106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$482,939
Current Approval
$482,939
Forgiveness Amount
$486,829
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Franklin Auto Acquisitions, Inc.
Address
1413 Murfreesboro Road
ZIP Code
37067-5026
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
TN-07

Loan Use Breakdown

Payroll
$440,000
Rent
$30,000
Utilities
$12,939

Lender Information

Servicing Lender
First Bank of Boaz
Originating Lender
First Bank of Boaz

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