PPP Loan information for Health care initiative of tn inc

$544,700

Health care initiative of tn inc was initially approved for PPP Loan of amount $544,700, the current approved amount is $544,700. The loan was approved on 04/30/2020 by The Mountain Commerce Bank reported 120 jobs and $544,700 was used to fund payroll.

Health care initiative of tn inc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Health care initiative of tn inc

HEALTH CARE INITIATIVE OF TN INC

Date Approved

04/30/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HEALTH CARE INITIATIVE OF TN INC

Borrower Address

900 E WOODLAND AVE

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37917-4511

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544700.00

Current Approval Amount

544700.00

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

Y

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

37917-4511

CD

TN-02

Jobs Reported

120

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

54470.00

Payroll Proceed

408525.00

Mortgage Interest Proceed

0.00

Rent Proceed

81705.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

548043.85

Forgiveness Date

12/09/2020

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