PPP Loan information for Foundation mortgage company

$330,000

Foundation mortgage company was initially approved for PPP Loan of amount $330,000, the current approved amount is $330,000. The loan was approved on 04/08/2021 by The Mountain Commerce Bank reported 17 jobs and $330,000 was used to fund payroll.

Foundation mortgage company is Existing or more than 2 years old

PPP Loan Search / TN / Knoxville / Foundation mortgage company

FOUNDATION MORTGAGE COMPANY

Date Approved

04/08/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

FOUNDATION MORTGAGE COMPANY

Borrower Address

123 Center Park Dr Ste 101

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37922-2167

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

330000.00

Current Approval Amount

330000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Knoxville

Project County Name

KNOX

Project State

TN

Project Zip

37922-2167

CD

TN-02

Jobs Reported

17

NAICS Code

531210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

329999.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

333089.17

Forgiveness Date

03/21/2022

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