Capital Motor Sales INC
$2,316,800 PPP Loan in Chattanooga, Tennessee
Loan Details
- Loan Number
- 7439357101
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,316,800
- Current Approval
- $2,316,800
- Forgiveness Amount
- $2,343,459
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Capital Motor Sales INC
- Address
- 5808 Lee Hwy
- City
- Chattanooga
- State
- Tennessee
- ZIP Code
- 37421-3544
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 202
- Estimated Revenue
- $50.9M
- Rural/Urban
- Urban
- Congressional District
- TN-03
Loan Use Breakdown
- Payroll
- $2,316,800
Lender Information
- Servicing Lender
- Pinnacle Bank
- Originating Lender
- Pinnacle Bank
Other PPP Loans in Chattanooga, TN
| Business | Approved | |
|---|---|---|
| Metropolitan Security Services, Inc. | $10,000,000 | |
| Southern Champion Tray LP | $9,131,100 | |
| Vision Hospitality Group, Inc. | $7,328,800 | |
| The Orange Grove Center, Inc. | $5,685,455 | |
| Adman Electric Inc. | $5,248,600 |
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