PPP Loan information for Memphis communications corporation

$1,302,744

Memphis communications corporation was initially approved for PPP Loan of amount $1,302,744, the current approved amount is $1,302,744. The loan was approved on 04/08/2020 by The Independent Bank reported 128 jobs and $1,302,744 was used to fund payroll.

Memphis communications corporation is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Memphis communications corporation

MEMPHIS COMMUNICATIONS CORPORATION

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MEMPHIS COMMUNICATIONS CORPORATION

Borrower Address

4771 SUMMER AVE

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38122-4724

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1302744.27

Current Approval Amount

1302744.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122688

Servicing Lender Name

Independent Bank

Servicing Lender Address

5050 Poplar Ave, Ste 2200

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38157-2200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38122-4724

CD

TN-09

Jobs Reported

128

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1302744.27

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

Subchapter S Corporation

Originating Lender Location Id

122688

Originating Lender

Independent Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1318087.70

Forgiveness Date

06/15/2021

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