Summit Automotive, Inc.

$477,400 PPP Loan in Johnson City, Tennessee

Loan Details

Loan Number
6540917005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$477,400
Current Approval
$477,400
Forgiveness Amount
$481,975
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Summit Automotive, Inc.
Address
3408 N. Roan St
ZIP Code
37601-1218
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.6M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$477,400

Lender Information

Servicing Lender
Renasant Bank
Originating Lender
Renasant Bank

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