3 WAY MOTORS (TN) - 2020 PPP Loan Borrower Profile (# 7420647105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3 WAY MOTORS. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Tennessee.

Loan Detail

Loan Number

7420647105

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$12,600

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$12,750.85

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

12,600

Lender

First Horizon Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

441120

Borrower Location

HUMBOLDT, TN

Project Location

HUMBOLDT, TN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.