Hatcher Chev-Buick-Pontiac- Gmc, Inc.
$336,780 PPP Loan in Brownsville, Tennessee
Loan Details
- Loan Number
- 4728267101
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $336,780
- Current Approval
- $336,780
- Forgiveness Amount
- $338,997
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Hatcher Chev-Buick-Pontiac- Gmc, Inc.
- Address
- 1336 South Dupree Ave
- City
- Brownsville
- State
- Tennessee
- ZIP Code
- 38012-3222
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441120)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- $7.6M
- Rural/Urban
- Rural
- Congressional District
- TN-08
Loan Use Breakdown
- Payroll
- $284,567
- Rent
- $40,000
- Utilities
- $4,800
- Mortgage Interest
- $7,413
Lender Information
- Servicing Lender
- Insouth Bank
- Originating Lender
- Insouth Bank
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|---|---|---|
| Southwest Tennessee Electric Membership Corporation | $2,198,700 |  Research |
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| Mid-South Farmers Cooperative | $1,109,555 | Research |
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