PPP Loan information for Farm centers inc

$72,910

Farm centers inc was initially approved for PPP Loan of amount $72,910, the current approved amount is $72,910. The loan was approved on 06/22/2020 by The First Community Bank of Tennessee reported 6 jobs and $72,910 was used to fund payroll.

Farm centers inc is Existing or more than 2 years old

FARM CENTERS INC

Date Approved

06/22/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FARM CENTERS INC

Borrower Address

622 W DEPOT ST

Borrower City

CHAPEL HILL

Borrower State

TN

Borrower Zip

37034-3134

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72910.00

Current Approval Amount

72910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112399

Servicing Lender Name

First Community Bank of Tennessee

Servicing Lender Address

207 Elm St

Servicing Lender City

SHELBYVILLE

Servicing Lender State

TN

Servicing Lender Zip

37160-2813

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAPEL HILL

Project County Name

MARSHALL

Project State

TN

Project Zip

37034-3134

CD

TN-04

Jobs Reported

6

NAICS Code

424910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7291.00

Payroll Proceed

54682.50

Mortgage Interest Proceed

10936.50

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

112399

Originating Lender

First Community Bank of Tennessee

Originating Lender City

SHELBYVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73213.17

Forgiveness Date

11/24/2020

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