Jac Airport, Inc.

$827,170 PPP Loan in Alcoa, Tennessee

Loan Details

Loan Number
8743617008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$827,170
Current Approval
$827,170
Forgiveness Amount
$832,524
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jac Airport, Inc.
Address
3069 Alcoa Hwy
City
Alcoa
ZIP Code
37701-3120
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
67
Estimated Revenue
$16.9M
Rural/Urban
Rural
Congressional District
TN-02

Loan Use Breakdown

Payroll
$621,170
Rent
$126,000
Utilities
$80,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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