Prox Powersports, Inc.

$328,705 PPP Loan in Ooltewah, Tennessee

Loan Details

Loan Number
9668657002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$328,705
Current Approval
$328,705
Forgiveness Amount
$331,125
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Prox Powersports, Inc.
Address
6101 Mountain View Rd Ste. 4
ZIP Code
37363-5968
Business Type
Corporation
Industry (NAICS)
Retail Trade (441210)
Franchise
Polaris - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Urban
Congressional District
TN-03

Loan Use Breakdown

Payroll
$328,705

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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