PPP Loan information for Mapes piano string company

$763,100

Mapes piano string company was initially approved for PPP Loan of amount $763,100, the current approved amount is $763,100. The loan was approved on 04/05/2020 by The Mountain Commerce Bank reported 125 jobs and $763,100 was used to fund payroll.

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

PPP Loan Search / TN / ELIZABETHTON / Mapes piano string company

MAPES PIANO STRING COMPANY

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAPES PIANO STRING COMPANY

Borrower Address

1 Wire Mill Rd

Borrower City

ELIZABETHTON

Borrower State

TN

Borrower Zip

37643-2757

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

763100.00

Current Approval Amount

763100.00

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

37643-2757

CD

TN-01

Jobs Reported

125

NAICS Code

451140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

47697.00

Payroll Proceed

572310.00

Mortgage Interest Proceed

0.00

Rent Proceed

143093.00

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

767509.02

Forgiveness Date

11/03/2020

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