Friendship Automotive Inc.

$948,500 PPP Loan in Bristol, Tennessee

Loan Details

Loan Number
5240097001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$948,500
Current Approval
$948,500
Forgiveness Amount
$957,616
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Friendship Automotive Inc.
Address
3192 W State St
ZIP Code
37620-1609
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$948,500

Lender Information

Servicing Lender
Renasant Bank
Originating Lender
Renasant Bank

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