PPP Loan information for Ground engineering contractors drilling & grouting inc

$288,786

Ground engineering contractors drilling & grouting inc was initially approved for PPP Loan of amount $288,786, the current approved amount is $288,786. The loan was approved on 04/16/2020 by The First Horizon Bank reported 11 jobs and $288,786 was used to fund payroll.

Ground engineering contractors drilling & grouting inc is Existing or more than 2 years old

GROUND ENGINEERING CONTRACTORS DRILLING & GROUTING INC

Date Approved

04/16/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GROUND ENGINEERING CONTRACTORS DRILLING & GROUTING INC

Borrower Address

865 Coile Road

Borrower City

JEFFERSON CITY

Borrower State

TN

Borrower Zip

37760-4072

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288786.00

Current Approval Amount

288786.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JEFFERSON CITY

Project County Name

JEFFERSON

Project State

TN

Project Zip

37760-4072

CD

TN-02

Jobs Reported

11

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1270.00

Payroll Proceed

232316.00

Mortgage Interest Proceed

0.00

Rent Proceed

8200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47000.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

291898.47

Forgiveness Date

05/21/2021

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