Short-Redmond Ford of Lafollette

$502,500 PPP Loan in La Follette, Tennessee

Loan Details

Loan Number
4525327008
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$502,500
Current Approval
$502,500
Forgiveness Amount
$508,446
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Short-Redmond Ford of Lafollette
Address
1916 Jacksboro Pike
ZIP Code
37766-3103
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.2M
Rural/Urban
Rural
Congressional District
TN-03

Loan Use Breakdown

Payroll
$502,500

Lender Information

Servicing Lender
South Central Bank, Inc.
Originating Lender
South Central Bank, Inc.

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