PPP Loan information for Ilene industries inc

$322,795

Ilene industries inc was initially approved for PPP Loan of amount $322,795, the current approved amount is $322,795. The loan was approved on 02/13/2021 by The Citizens Bank of Lafayette reported 37 jobs and $322,795 was used to fund payroll.

Ilene industries inc is Existing or more than 2 years old

ILENE INDUSTRIES INC

Date Approved

02/13/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

ILENE INDUSTRIES INC

Borrower Address

301 Stanley Blvd

Borrower City

Shelbyville

Borrower State

TN

Borrower Zip

37160-9164

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

322795.00

Current Approval Amount

322795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67121

Servicing Lender Name

Citizens Bank of Lafayette

Servicing Lender Address

400 Hwy 52 By-Pass West

Servicing Lender City

LAFAYETTE

Servicing Lender State

TN

Servicing Lender Zip

37083-1730

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelbyville

Project County Name

BEDFORD

Project State

TN

Project Zip

37160-9164

CD

TN-04

Jobs Reported

37

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

322792.00

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

Corporation

Originating Lender Location Id

67121

Originating Lender

Citizens Bank of Lafayette

Originating Lender City

LAFAYETTE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324095.02

Forgiveness Date

07/21/2021

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