PPP Loan information for Centro, inc

$1,679,570

Centro, inc was initially approved for PPP Loan of amount $1,679,570, the current approved amount is $1,679,570. The loan was approved on 04/07/2020 by The First Horizon Bank reported 115 jobs and $1,679,570 was used to fund payroll.

Centro, inc is Existing or more than 2 years old

CENTRO, INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CENTRO, INC

Borrower Address

3315 Overton Crossing

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38127-6545

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1679569.80

Current Approval Amount

1679569.80

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38127-6545

CD

TN-09

Jobs Reported

115

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23666.77

Payroll Proceed

1500575.80

Mortgage Interest Proceed

0.00

Rent Proceed

24733.00

Refinance EIDL Proceed

0.00

Health Care Proceed

130594.23

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1689040.71

Forgiveness Date

11/12/2020

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