PPP Loan information for Mahalaxmi partnership

$62,492

Mahalaxmi partnership was initially approved for PPP Loan of amount $62,492, the current approved amount is $62,492. The loan was approved on 04/28/2020 by The Pinnacle Bank reported 10 jobs and $62,492 was used to fund payroll.

Mahalaxmi partnership is New Business or 2 years or less

PPP Loan Search / TN / LAVERGNE / Mahalaxmi partnership

MAHALAXMI PARTNERSHIP

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAHALAXMI PARTNERSHIP

Borrower Address

5068 MURFREESBORO RD

Borrower City

LAVERGNE

Borrower State

TN

Borrower Zip

37086

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62492.00

Current Approval Amount

62492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LAVERGNE

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37086-0001

CD

TN-04

Jobs Reported

10

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62492.00

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

Partnership

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63115.21

Forgiveness Date

04/29/2021

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