PPP Loan information for Able's towing

$51,200

Able's towing was initially approved for PPP Loan of amount $51,200, the current approved amount is $51,200. The loan was approved on 04/13/2020 by The Centennial Bank reported 7 jobs and $51,200 was used to fund payroll.

Able's towing is Existing or more than 2 years old

ABLE'S TOWING

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ABLE'S TOWING

Borrower Address

12 R SLIM CHARLTON RD

Borrower City

BRADFORD

Borrower State

TN

Borrower Zip

38316-9782

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51200.00

Current Approval Amount

51200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68894

Servicing Lender Name

Centennial Bank

Servicing Lender Address

5420 Broad St S

Servicing Lender City

TREZEVANT

Servicing Lender State

TN

Servicing Lender Zip

38258-3098

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRADFORD

Project County Name

GIBSON

Project State

TN

Project Zip

38316-9782

CD

TN-08

Jobs Reported

7

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51200.00

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

Sole Proprietorship

Originating Lender Location Id

68894

Originating Lender

Centennial Bank

Originating Lender City

TREZEVANT

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51487.56

Forgiveness Date

11/05/2020

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