Parkway Automotive Associates INC

$648,605 PPP Loan in Morristown, Tennessee

Loan Details

Loan Number
7343967102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$648,605
Current Approval
$648,605
Forgiveness Amount
$654,605
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Parkway Automotive Associates INC
Address
5944 W Andrew Johnson Hwy
ZIP Code
37814
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$550,000
Rent
$70,000
Utilities
$6,000
Debt Interest
$22,605

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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