PPP Loan information for Ajax distributing co., inc

$688,999

Ajax distributing co., inc was initially approved for PPP Loan of amount $688,999, the current approved amount is $688,999. The loan was approved on 04/07/2020 by The First Horizon Bank reported 52 jobs and $688,999 was used to fund payroll.

Ajax distributing co., inc is Existing or more than 2 years old

AJAX DISTRIBUTING CO., INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AJAX DISTRIBUTING CO., INC

Borrower Address

330 Warfield Boulevard

Borrower City

CLARKSVILLE

Borrower State

TN

Borrower Zip

37043-5654

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

688999.00

Current Approval Amount

688999.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSVILLE

Project County Name

MONTGOMERY

Project State

TN

Project Zip

37043-5654

CD

TN-07

Jobs Reported

52

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

34450.00

Payroll Proceed

551199.00

Mortgage Interest Proceed

0.00

Rent Proceed

103350.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

696520.57

Forgiveness Date

05/18/2021

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