PPP Loan information for Jac rentals

$50,100

Jac rentals was initially approved for PPP Loan of amount $50,100, the current approved amount is $50,100. The loan was approved on 04/29/2020 by The Commercial Bank reported 5 jobs and $50,100 was used to fund payroll.

Jac rentals is Existing or more than 2 years old

JAC RENTALS

Date Approved

04/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

JAC RENTALS

Borrower Address

180 TATER VALLEY RD

Borrower City

LUTTRELL

Borrower State

TN

Borrower Zip

37779-1526

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50100.00

Current Approval Amount

50100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUTTRELL

Project County Name

UNION

Project State

TN

Project Zip

37779-1526

CD

TN-02

Jobs Reported

5

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12525.00

Payroll Proceed

37575.00

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

Sole Proprietorship

Originating Lender Location Id

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50595.43

Forgiveness Date

04/27/2021

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