PPP Loan information for Cumberland container corporation

$756,751

Cumberland container corporation was initially approved for PPP Loan of amount $756,751, the current approved amount is $756,751. The loan was approved on 04/09/2020 by The Builtwell Bank reported 82 jobs and $756,751 was used to fund payroll.

Cumberland container corporation is Existing or more than 2 years old

CUMBERLAND CONTAINER CORPORATION

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CUMBERLAND CONTAINER CORPORATION

Borrower Address

1027 N Chestnut St

Borrower City

Monterey

Borrower State

TN

Borrower Zip

38574-1062

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

756751.10

Current Approval Amount

756751.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monterey

Project County Name

PUTNAM

Project State

TN

Project Zip

38574-1062

CD

TN-06

Jobs Reported

82

NAICS Code

322220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

756751.10

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

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

761060.38

Forgiveness Date

11/03/2020

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