PPP Loan information for Allens transmission inc

$49,400

Allens transmission inc was initially approved for PPP Loan of amount $49,400, the current approved amount is $49,400. The loan was approved on 04/27/2020 by The Commercial Bank reported 7 jobs and $49,400 was used to fund payroll.

Allens transmission inc is Existing or more than 2 years old

PPP Loan Search / TN / NEWPORT / Allens transmission inc

ALLENS TRANSMISSION INC

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ALLENS TRANSMISSION INC

Borrower Address

1238 FINE ST

Borrower City

NEWPORT

Borrower State

TN

Borrower Zip

37821-7828

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49400.00

Current Approval Amount

49400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

COCKE

Project State

TN

Project Zip

37821-7828

CD

TN-01

Jobs Reported

7

NAICS Code

811113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

49400.00

Payroll Proceed

0.00

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

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49803.43

Forgiveness Date

02/17/2021

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