PPP Loan information for Community mortgage corporation
$1,356,220
Community mortgage corporation was initially approved for PPP Loan of amount $1,356,220, the current approved amount is $1,356,220. The loan was approved on 04/10/2020 by The Independent Bank reported 107 jobs and $1,356,220 was used to fund payroll.
Community mortgage corporation is Existing or more than 2 years old
COMMUNITY MORTGAGE CORPORATION
Date Approved
04/10/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
COMMUNITY MORTGAGE CORPORATION
Borrower Address
142 TIMBER CREEK DR
Borrower City
CORDOVA
Borrower State
TN
Borrower Zip
38018-4234
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1356219.87
Current Approval Amount
1356219.87
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122688
Servicing Lender Name
Independent Bank
Servicing Lender Address
5050 Poplar Ave, Ste 2200
Servicing Lender City
MEMPHIS
Servicing Lender State
TN
Servicing Lender Zip
38157-2200
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
CORDOVA
Project County Name
SHELBY
Project State
TN
Project Zip
38018-4234
CD
TN-09
Jobs Reported
107
NAICS Code
522292
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
1356219.87
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
122688
Originating Lender
Independent Bank
Originating Lender City
MEMPHIS
Originating Lender State
TN
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
1374378.15
Forgiveness Date
08/11/2021