PPP Loan information for Max electric motor service

$8,500

Max electric motor service was initially approved for PPP Loan of amount $8,500, the current approved amount is $8,500. The loan was approved on 04/14/2020 by The First Horizon Bank reported 1 jobs and $8,500 was used to fund payroll.

Max electric motor service is Existing or more than 2 years old

MAX ELECTRIC MOTOR SERVICE

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAX ELECTRIC MOTOR SERVICE

Borrower Address

170 James St

Borrower City

GALLATIN

Borrower State

TN

Borrower Zip

37066-3704

Loan Status Date

05/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8500.00

Current Approval Amount

8500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALLATIN

Project County Name

SUMNER

Project State

TN

Project Zip

37066-3704

CD

TN-06

Jobs Reported

1

NAICS Code

811211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1062.00

Payroll Proceed

6375.00

Mortgage Interest Proceed

1063.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8576.50

Forgiveness Date

03/18/2021

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