PPP Loan information for Kingsport armature & electric company inc.

$680,405

Kingsport armature & electric company inc. was initially approved for PPP Loan of amount $680,405, the current approved amount is $680,405. The loan was approved on 01/25/2021 by The Regions Bank reported 76 jobs and $680,405 was used to fund payroll.

Kingsport armature & electric company inc. is Existing or more than 2 years old

PPP Loan Search / TN / Kingsport / Kingsport armature & electric company inc.

KINGSPORT ARMATURE & ELECTRIC COMPANY INC.

Date Approved

01/25/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

KINGSPORT ARMATURE & ELECTRIC COMPANY INC.

Borrower Address

323 E Market St

Borrower City

Kingsport

Borrower State

TN

Borrower Zip

37660-4825

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

680405.00

Current Approval Amount

680405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kingsport

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-4825

CD

TN-01

Jobs Reported

76

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

680404.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

689520.56

Forgiveness Date

06/08/2022

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