Southwest Fad, LLC
$293,637 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 2442537105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $293,637
- Current Approval
- $293,637
- Forgiveness Amount
- $298,131
- Forgiveness Date
- Oct 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southwest Fad, LLC
- Address
- Southwest Fad, LLC
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38118
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Wholesale Trade (423120)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 24
- Estimated Revenue
- $7.4M
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $217,232
- Rent
- $41,427
- Utilities
- $5,608
- Health Care
- $29,370
Lender Information
- Servicing Lender
- Plainscapital Bank
- Originating Lender
- Plainscapital Bank
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|---|---|---|
| Wendelta, INC | $10,000,000 | |
| Eastport Holdings LLC | $10,000,000 | |
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