Raceway Auto & Truck Parts LLC

$310,600 PPP Loan in Savannah, Tennessee

Loan Details

Loan Number
5379767006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$310,600
Current Approval
$310,600
Forgiveness Amount
$312,838
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Raceway Auto & Truck Parts LLC
Address
5350 Hwy 226
ZIP Code
38372-5651
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
TN-08

Loan Use Breakdown

Payroll
$288,600
Rent
$5,200
Utilities
$5,800
Health Care
$1,000
Debt Interest
$10,000

Lender Information

Servicing Lender
Wayne County Bank
Originating Lender
Wayne County Bank

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