PPP Loan information for Business machines company of east tennessee, inc.

$341,860

Business machines company of east tennessee, inc. was initially approved for PPP Loan of amount $341,860, the current approved amount is $341,860. The loan was approved on 04/06/2020 by The Home Federal Bank of Tennessee reported 31 jobs and $341,860 was used to fund payroll.

Business machines company of east tennessee, inc. is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Business machines company of east tennessee, inc.

BUSINESS MACHINES COMPANY OF EAST TENNESSEE, INC.

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BUSINESS MACHINES COMPANY OF EAST TENNESSEE, INC.

Borrower Address

3132 Morris Avenue

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37909-1511

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

341860.00

Current Approval Amount

341860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82813

Servicing Lender Name

Home Federal Bank of Tennessee

Servicing Lender Address

515 Market St

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37902-2145

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37909-1511

CD

TN-02

Jobs Reported

31

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

341860.00

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

82813

Originating Lender

Home Federal Bank of Tennessee

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

344879.76

Forgiveness Date

03/01/2021

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