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
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

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