PPP Loan information for Magnuson & stimpson medical clinic

$78,964

Magnuson & stimpson medical clinic was initially approved for PPP Loan of amount $78,964, the current approved amount is $78,964. The loan was approved on 04/28/2020 by The First Community Bank of Tennessee reported 8 jobs and $78,964 was used to fund payroll.

Magnuson & stimpson medical clinic is Existing or more than 2 years old

PPP Loan Search / TN / SHELBYVILLE / Magnuson & stimpson medical clinic

MAGNUSON & STIMPSON MEDICAL CLINIC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAGNUSON & STIMPSON MEDICAL CLINIC

Borrower Address

1701 NORTH MAIN ST

Borrower City

SHELBYVILLE

Borrower State

TN

Borrower Zip

37160-2303

Loan Status Date

12/22/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78964.27

Current Approval Amount

78964.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112399

Servicing Lender Name

First Community Bank of Tennessee

Servicing Lender Address

207 Elm St

Servicing Lender City

SHELBYVILLE

Servicing Lender State

TN

Servicing Lender Zip

37160-2813

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBYVILLE

Project County Name

BEDFORD

Project State

TN

Project Zip

37160-2303

CD

TN-04

Jobs Reported

8

NAICS Code

621111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7896.43

Payroll Proceed

59223.20

Mortgage Interest Proceed

11844.64

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

112399

Originating Lender

First Community Bank of Tennessee

Originating Lender City

SHELBYVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

79350.32

Forgiveness Date

10/29/2020

;