PPP Loan information for 5 gen, llc

$42,291

5 gen, llc was initially approved for PPP Loan of amount $42,291, the current approved amount is $42,291. The loan was approved on 04/14/2020 by The Mountain Valley Bank reported 13 jobs and $42,291 was used to fund payroll.

5 gen, llc is Existing or more than 2 years old

5 GEN, LLC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

5 GEN, LLC

Borrower Address

10 W Main Street P.o. Box 232

Borrower City

Monteagle

Borrower State

TN

Borrower Zip

37356

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42290.75

Current Approval Amount

42290.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66942

Servicing Lender Name

Mountain Valley Bank

Servicing Lender Address

17114 Rankin Ave

Servicing Lender City

DUNLAP

Servicing Lender State

TN

Servicing Lender Zip

37327-7032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monteagle

Project County Name

GRUNDY

Project State

TN

Project Zip

37356-0001

CD

TN-04

Jobs Reported

13

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2458.00

Payroll Proceed

33832.75

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66942

Originating Lender

Mountain Valley Bank

Originating Lender City

DUNLAP

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42596.63

Forgiveness Date

01/07/2021

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