PPP Loan information for Active electric motor service inc

$6,752

Active electric motor service inc was initially approved for PPP Loan of amount $6,752, the current approved amount is $6,752. The loan was approved on 02/22/2021 by The TNBANK reported 1 jobs and $6,752 was used to fund payroll.

Active electric motor service inc is Existing or more than 2 years old

ACTIVE ELECTRIC MOTOR SERVICE INC

Date Approved

02/22/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ACTIVE ELECTRIC MOTOR SERVICE INC

Borrower Address

285 Warehouse Rd

Borrower City

Oak Ridge

Borrower State

TN

Borrower Zip

37830-7235

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6752.40

Current Approval Amount

6752.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119482

Servicing Lender Name

TNBANK

Servicing Lender Address

401 S Illinois Ave

Servicing Lender City

OAK RIDGE

Servicing Lender State

TN

Servicing Lender Zip

37830-7510

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Ridge

Project County Name

ANDERSON

Project State

TN

Project Zip

37830-7235

CD

TN-03

Jobs Reported

1

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6752.40

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

Subchapter S Corporation

Originating Lender Location Id

119482

Originating Lender

TNBANK

Originating Lender City

OAK RIDGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6774.16

Forgiveness Date

06/28/2021

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