PPP borrower record

JIM KERAS AUTOMOTIVE GROUP INC PPP loan record

Public SBA PPP loan record for JIM KERAS AUTOMOTIVE GROUP INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$3,633,860
Approved amount
$3,675,952
Forgiven amount
2020-04-08
Date approved

Borrower and loan details

Borrower
JIM KERAS AUTOMOTIVE GROUP INC
Loan number
8290097003
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Memphis
Borrower state
Tennessee
Borrower ZIP
38128
Jobs reported
322
Loan status
Exemption 4
Forgiveness date
2021-06-15
Servicing lender
First Horizon Bank
Originating lender
First Horizon Bank

Reported use of proceeds

Payroll
$3,088,818
Rent
$338,900
Utilities
$70,000
Mortgage interest
N/A
Health care
$53,000
Debt interest
$83,142

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.