PPP Loan information for America cares trust

$196,875

America cares trust was initially approved for PPP Loan of amount $196,875, the current approved amount is $196,875. The loan was approved on 07/31/2020 by The First Horizon Bank reported 23 jobs and $196,875 was used to fund payroll.

America cares trust is Existing or more than 2 years old

PPP Loan Search / TN / FAYETTEVILLE / America cares trust

AMERICA CARES TRUST

Date Approved

07/31/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AMERICA CARES TRUST

Borrower Address

10 Eldad Road

Borrower City

FAYETTEVILLE

Borrower State

TN

Borrower Zip

37334-7005

Loan Status Date

08/27/2020

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

196875.00

Current Approval Amount

196875.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

LINCOLN

Project State

TN

Project Zip

37334-7005

CD

TN-04

Jobs Reported

23

NAICS Code

621999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

196875.00

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

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

0.00

Forgiveness Date

;