PPP Loan information for Deaver industries inc

$448,200

Deaver industries inc was initially approved for PPP Loan of amount $448,200, the current approved amount is $448,200. The loan was approved on 04/09/2020 by The First Horizon Bank reported 70 jobs and $448,200 was used to fund payroll.

Deaver industries inc is Existing or more than 2 years old

DEAVER INDUSTRIES INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DEAVER INDUSTRIES INC

Borrower Address

3120 MORGAN RD

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35022-6454

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448200.00

Current Approval Amount

448200.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35022-6454

CD

AL-06

Jobs Reported

70

NAICS Code

335129

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

448200.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

453043.05

Forgiveness Date

05/13/2021

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