PPP Loan information for Mac's repair

$36,966

Mac's repair was initially approved for PPP Loan of amount $36,966, the current approved amount is $36,966. The loan was approved on 04/13/2020 by The Peoples Bank of East Tennessee reported 4 jobs and $36,966 was used to fund payroll.

Mac's repair is New Business or 2 years or less

MAC'S REPAIR

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAC'S REPAIR

Borrower Address

819 ENGLEWOOD RD

Borrower City

MADISONVILLE

Borrower State

TN

Borrower Zip

37354-5103

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36965.60

Current Approval Amount

36965.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122191

Servicing Lender Name

Peoples Bank of East Tennessee

Servicing Lender Address

4511 US Hwy 411

Servicing Lender City

MADISONVILLE

Servicing Lender State

TN

Servicing Lender Zip

37354-1573

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MADISONVILLE

Project County Name

MONROE

Project State

TN

Project Zip

37354-5103

CD

TN-03

Jobs Reported

4

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36965.60

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

122191

Originating Lender

Peoples Bank of East Tennessee

Originating Lender City

MADISONVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37257.22

Forgiveness Date

01/25/2021

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