PPP Loan information for Division 5 corporation

$55,100

Division 5 corporation was initially approved for PPP Loan of amount $55,100, the current approved amount is $55,100. The loan was approved on 04/28/2020 by The Merchants & Farmers Bank of Greene County reported 5 jobs and $55,100 was used to fund payroll.

Division 5 corporation is Existing or more than 2 years old

PPP Loan Search / TN / COLLIERVILLE / Division 5 corporation

DIVISION 5 CORPORATION

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DIVISION 5 CORPORATION

Borrower Address

PO Box 1597

Borrower City

COLLIERVILLE

Borrower State

TN

Borrower Zip

38027-1597

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55100.00

Current Approval Amount

55100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1972

Servicing Lender Name

Merchants & Farmers Bank of Greene County

Servicing Lender Address

302 Prairie Ave

Servicing Lender City

EUTAW

Servicing Lender State

AL

Servicing Lender Zip

35462-5112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLIERVILLE

Project County Name

SHELBY

Project State

TN

Project Zip

38027-1597

CD

TN-08

Jobs Reported

5

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44116.68

Mortgage Interest Proceed

0.00

Rent Proceed

10983.32

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

1972

Originating Lender

Merchants & Farmers Bank of Greene County

Originating Lender City

EUTAW

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

55438.25

Forgiveness Date

12/09/2020

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