PPP Loan information for Basics corporation

$39,134

Basics corporation was initially approved for PPP Loan of amount $39,134, the current approved amount is $39,134. The loan was approved on 04/09/2020 by The Tennessee State Bank reported 7 jobs and $39,134 was used to fund payroll.

Basics corporation is Existing or more than 2 years old

PPP Loan Search / TN / SEVIERVILLE / Basics corporation

BASICS CORPORATION

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BASICS CORPORATION

Borrower Address

105 LONG SPRINGS RD STE 5

Borrower City

SEVIERVILLE

Borrower State

TN

Borrower Zip

37876-2145

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39133.75

Current Approval Amount

39133.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67003

Servicing Lender Name

Tennessee State Bank

Servicing Lender Address

2210 Parkway

Servicing Lender City

Pigeon Forge

Servicing Lender State

TN

Servicing Lender Zip

37868

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEVIERVILLE

Project County Name

SEVIER

Project State

TN

Project Zip

37876-2145

CD

TN-01

Jobs Reported

7

NAICS Code

453210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

3913.37

Payroll Proceed

31307.00

Mortgage Interest Proceed

3913.38

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

67003

Originating Lender

Tennessee State Bank

Originating Lender City

Pigeon Forge

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

39483.78

Forgiveness Date

03/02/2021

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