Reiselman Motor Company LLC

$427,450 PPP Loan in Springfield, Tennessee

Loan Details

Loan Number
6349757007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$427,450
Current Approval
$427,450
Forgiveness Amount
$431,490
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reiselman Motor Company LLC
Address
2516 Memorial Blvd
ZIP Code
37172-3923
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
38
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
TN-06

Loan Use Breakdown

Payroll
$427,450

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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