PPP Loan information for Banner's cabinets inc.

$195,895

Banner's cabinets inc. was initially approved for PPP Loan of amount $195,895, the current approved amount is $195,895. The loan was approved on 02/12/2021 by The Bank of Tennessee reported 28 jobs and $195,895 was used to fund payroll.

Banner's cabinets inc. is Existing or more than 2 years old

BANNER'S CABINETS INC.

Date Approved

02/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

BANNER'S CABINETS INC.

Borrower Address

299 Watauga St

Borrower City

Newland

Borrower State

NC

Borrower Zip

28657-7100

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195895.00

Current Approval Amount

195895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newland

Project County Name

AVERY

Project State

NC

Project Zip

28657-7100

CD

NC-05

Jobs Reported

28

NAICS Code

238350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

195894.00

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196923.45

Forgiveness Date

08/25/2021

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