PPP Loan information for Jl thomas electrical contractor

$16,855

Jl thomas electrical contractor was initially approved for PPP Loan of amount $16,855, the current approved amount is $16,855. The loan was approved on 04/15/2020 by The Mountain Valley Bank reported 4 jobs and $16,855 was used to fund payroll.

Jl thomas electrical contractor is New Business or 2 years or less

PPP Loan Search / TN / Monteagle / Jl thomas electrical contractor

JL THOMAS ELECTRICAL CONTRACTOR

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

JL THOMAS ELECTRICAL CONTRACTOR

Borrower Address

P.O. Box 625

Borrower City

Monteagle

Borrower State

TN

Borrower Zip

37356

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16854.52

Current Approval Amount

16854.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66942

Servicing Lender Name

Mountain Valley Bank

Servicing Lender Address

17114 Rankin Ave

Servicing Lender City

DUNLAP

Servicing Lender State

TN

Servicing Lender Zip

37327-7032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Monteagle

Project County Name

GRUNDY

Project State

TN

Project Zip

37356-0001

CD

TN-04

Jobs Reported

4

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1354.52

Payroll Proceed

13500.00

Mortgage Interest Proceed

2000.00

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

66942

Originating Lender

Mountain Valley Bank

Originating Lender City

DUNLAP

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

17031.38

Forgiveness Date

05/13/2021

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