Dependable Motors INC
$86,542 PPP Loan in Lenior City, Tennessee
Loan Details
- Loan Number
- 3800297100
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $86,542
- Current Approval
- $86,542
- Forgiveness Amount
- $87,655
- Forgiveness Date
- Aug 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Dependable Motors INC
- Address
- 803 E Broadway
- City
- Lenior City
- State
- Tennessee
- ZIP Code
- 37771-3014
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 9
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- TN-02
Loan Use Breakdown
- Payroll
- $71,152
- Rent
- $12,000
- Utilities
- $3,390
Lender Information
- Servicing Lender
- Old National Bank
- Originating Lender
- Capstar Bank, a Division of Old National Bank
Other PPP Loans in Lenior City, TN
| Business | Approved | |
|---|---|---|
| Morgan's Auto Trim LLC | $5,617 | |
| John Howard DBA Jh Health Solutions | $4,255 |
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