PPP Loan information for Mapes piano string company

$772,842

Mapes piano string company was initially approved for PPP Loan of amount $772,842, the current approved amount is $772,842. The loan was approved on 01/23/2021 by The Mountain Commerce Bank reported 107 jobs and $772,842 was used to fund payroll.

Mapes piano string company is Existing or more than 2 years old

MAPES PIANO STRING COMPANY

Date Approved

01/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MAPES PIANO STRING COMPANY

Borrower Address

1 Wire Mill Rd

Borrower City

Elizabethton

Borrower State

TN

Borrower Zip

37643-2759

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

772841.92

Current Approval Amount

772841.92

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elizabethton

Project County Name

CARTER

Project State

TN

Project Zip

37643-2759

CD

TN-01

Jobs Reported

107

NAICS Code

331222

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

772838.92

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

Corporation

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

777350.16

Forgiveness Date

08/25/2021

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