Date Approved
04/28/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
ELG, INC
Borrower Address
496 Pee Dee Branch Rd
Borrower City
Cottontown
Borrower State
TN
Borrower Zip
37048-5115
Loan Status Date
02/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
52497.69
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
68778
Servicing Lender Name
Volunteer State Bank
Servicing Lender Address
101 Hwy 52 W
Servicing Lender City
PORTLAND
Servicing Lender State
Servicing Lender Zip
37148-1407
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SUMNER
Project State
Project Zip
CD
TN-06
Jobs Reported
5
NAICS Code
238910
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
13124.42
Payroll Proceed
39373.27
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
52888.51
Forgiveness Date
01/25/2021