Rivergate Motors LP

$1,008,000 PPP Loan in Nashville, Tennessee

Loan Details

Loan Number
7172017006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,008,000
Current Approval
$1,008,000
Forgiveness Amount
$1,019,144
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rivergate Motors LP
Address
2400 Gallatin Pike North
ZIP Code
37115-2010
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
New Business or 2 years or less
Jobs Reported
84
Estimated Revenue
$21.2M
Rural/Urban
Urban
Congressional District
TN-05

Loan Use Breakdown

Payroll
$806,400
Rent
$151,200
Utilities
$50,400

Lender Information

Servicing Lender
International Bank of Commerce
Originating Lender
International Bank of Commerce

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