PPP Loan information for Hervery's home improvement llc

$1,937,500

Hervery's home improvement llc was initially approved for PPP Loan of amount $1,937,500, the current approved amount is $1,937,500. The loan was approved on 05/28/2021 by The Customers Bank reported 93 jobs and $1,937,500 was used to fund payroll.

Hervery's home improvement llc is Existing or more than 2 years old

HERVERY'S HOME IMPROVEMENT LLC

Date Approved

05/28/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HERVERY'S HOME IMPROVEMENT LLC

Borrower Address

1490 Union Ave

Borrower City

Memphis

Borrower State

TN

Borrower Zip

38104-3725

Loan Status Date

03/11/2023

Loan Status

Charged Off

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

1937500.00

Current Approval Amount

1937500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Memphis

Project County Name

SHELBY

Project State

TN

Project Zip

38104-3725

CD

TN-09

Jobs Reported

93

NAICS Code

236118

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1937495.00

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

433060

Originating Lender

The Enterprise Center Capital Corporation

Originating Lender City

Philadelphia

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;