PPP Loan information for Lynn whitsett corp.

$327,498

Lynn whitsett corp. was initially approved for PPP Loan of amount $327,498, the current approved amount is $327,498. The loan was approved on 04/08/2020 by The First Horizon Bank reported 76 jobs and $327,498 was used to fund payroll.

Lynn whitsett corp. is Change of Ownership

LYNN WHITSETT CORP.

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LYNN WHITSETT CORP.

Borrower Address

570 MORRISON RD

Borrower City

ROSSVILLE

Borrower State

TN

Borrower Zip

38066-3845

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

327498.00

Current Approval Amount

327498.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

ROSSVILLE

Project County Name

FAYETTE

Project State

TN

Project Zip

38066-3845

CD

TN-08

Jobs Reported

76

NAICS Code

238140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6250.00

Payroll Proceed

306248.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

332155.75

Forgiveness Date

09/23/2021

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