PPP Loan information for Basham industries inc.

$172,132

Basham industries inc. was initially approved for PPP Loan of amount $172,132, the current approved amount is $172,132. The loan was approved on 02/07/2021 by The The First National Bank of Middle Tennessee reported 40 jobs and $172,132 was used to fund payroll.

Basham industries inc. is Existing or more than 2 years old

BASHAM INDUSTRIES INC.

Date Approved

02/07/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

BASHAM INDUSTRIES INC.

Borrower Address

10325 SR 56

Borrower City

Coalmont

Borrower State

TN

Borrower Zip

37313-2508

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172132.10

Current Approval Amount

172132.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67227

Servicing Lender Name

The First National Bank of Middle Tennessee

Servicing Lender Address

200 E Main St

Servicing Lender City

MCMINNVILLE

Servicing Lender State

TN

Servicing Lender Zip

37110-2508

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Coalmont

Project County Name

GRUNDY

Project State

TN

Project Zip

37313-2508

CD

TN-04

Jobs Reported

40

NAICS Code

315210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

172130.10

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

67227

Originating Lender

The First National Bank of Middle Tennessee

Originating Lender City

MCMINNVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172725.00

Forgiveness Date

06/15/2021

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