PPP Loan information for 242 concepts inc.

$14,820

242 concepts inc. was initially approved for PPP Loan of amount $14,820, the current approved amount is $14,820. The loan was approved on 03/03/2021 by The Volunteer State Bank reported 1 jobs and $14,820 was used to fund payroll.

242 concepts inc. is Existing or more than 2 years old

242 CONCEPTS INC.

Date Approved

03/03/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

242 CONCEPTS INC.

Borrower Address

242 W Main St PMB 275

Borrower City

Hendersonville

Borrower State

TN

Borrower Zip

37075-3318

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14820.00

Current Approval Amount

14820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hendersonville

Project County Name

SUMNER

Project State

TN

Project Zip

37075-3318

CD

TN-06

Jobs Reported

1

NAICS Code

713990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

14818.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14869.81

Forgiveness Date

07/08/2021

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