PPP Loan information for Knoxville locomotive works inc

$529,300

Knoxville locomotive works inc was initially approved for PPP Loan of amount $529,300, the current approved amount is $529,300. The loan was approved on 04/28/2020 by The Mountain Commerce Bank reported 41 jobs and $529,300 was used to fund payroll.

Knoxville locomotive works inc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Knoxville locomotive works inc

KNOXVILLE LOCOMOTIVE WORKS INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

KNOXVILLE LOCOMOTIVE WORKS INC

Borrower Address

422 CUMBERLAND AVE

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37902-2301

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

529300.00

Current Approval Amount

529300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37902-2301

CD

TN-02

Jobs Reported

41

NAICS Code

336999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

52930.00

Payroll Proceed

396975.00

Mortgage Interest Proceed

0.00

Rent Proceed

79395.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

533328.56

Forgiveness Date

02/04/2021

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