Jim Keras Automotive Group INC

$3,633,860 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
8290097003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,633,860
Current Approval
$3,633,860
Forgiveness Amount
$3,675,952
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jim Keras Automotive Group INC
Address
2000 Covington Pike
ZIP Code
38128-6982
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
322
Estimated Revenue
$81.1M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$3,088,818
Rent
$338,900
Utilities
$70,000
Health Care
$53,000
Debt Interest
$83,142

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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