Twin City Hyundai, Inc.

$334,615 PPP Loan in Alcoa, Tennessee

Loan Details

Loan Number
8755017002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$334,615
Current Approval
$334,615
Forgiveness Amount
$336,697
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Twin City Hyundai, Inc.
Address
3024 Alcoa Hwy
City
Alcoa
ZIP Code
37701-3121
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
TN-02

Loan Use Breakdown

Payroll
$251,615
Rent
$63,000
Utilities
$20,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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