Schaeffer Automotive Group, INC

$1,465,147 PPP Loan in Bartlett, Tennessee

Loan Details

Loan Number
8132797006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,465,147
Current Approval
$1,465,147
Forgiveness Amount
$1,479,839
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schaeffer Automotive Group, INC
Address
2982 N.germantown Rd
ZIP Code
38133-4002
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
125
Estimated Revenue
$31.5M
Rural/Urban
Urban
Congressional District
TN-08

Loan Use Breakdown

Payroll
$1,465,147

Lender Information

Servicing Lender
Commercial Bank and Trust Company
Originating Lender
Commercial Bank and Trust Company

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