PPP Loan information for Cleveland plywood company, inc

$559,000

Cleveland plywood company, inc was initially approved for PPP Loan of amount $559,000, the current approved amount is $559,000. The loan was approved on 04/05/2020 by The Bank of Cleveland reported 51 jobs and $559,000 was used to fund payroll.

Cleveland plywood company, inc is Existing or more than 2 years old

CLEVELAND PLYWOOD COMPANY, INC

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CLEVELAND PLYWOOD COMPANY, INC

Borrower Address

2700 20th St NE

Borrower City

CLEVELAND

Borrower State

TN

Borrower Zip

37323-5808

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559000.00

Current Approval Amount

559000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111724

Servicing Lender Name

Bank of Cleveland

Servicing Lender Address

75 Bobby Taylor Ave

Servicing Lender City

Cleveland

Servicing Lender State

TN

Servicing Lender Zip

37311

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

BRADLEY

Project State

TN

Project Zip

37323-5808

CD

TN-04

Jobs Reported

51

NAICS Code

423390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

532544.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26456.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

111724

Originating Lender

Bank of Cleveland

Originating Lender City

Cleveland

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

562121.08

Forgiveness Date

11/03/2020

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