PPP Loan information for Meridian trust & investment company

$372,828

Meridian trust & investment company was initially approved for PPP Loan of amount $372,828, the current approved amount is $372,828. The loan was approved on 04/14/2020 by The Mountain Commerce Bank reported 17 jobs and $372,828 was used to fund payroll.

Meridian trust & investment company is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Meridian trust & investment company

MERIDIAN TRUST & INVESTMENT COMPANY

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MERIDIAN TRUST & INVESTMENT COMPANY

Borrower Address

109 S. Northshore Dr. Suite 400

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37919-4924

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372828.00

Current Approval Amount

372828.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37919-4924

CD

TN-02

Jobs Reported

17

NAICS Code

523920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23301.00

Payroll Proceed

279621.00

Mortgage Interest Proceed

69906.00

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

375075.32

Forgiveness Date

11/23/2020

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