PPP Loan information for Michael banks

$20,833

Michael banks was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/24/2021 by The Builtwell Bank reported 1 jobs and $20,833 was used to fund payroll.

Michael banks is Existing or more than 2 years old

PPP Loan Search / TN / Summertown / Michael banks

MICHAEL BANKS

Date Approved

04/24/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MICHAEL BANKS

Borrower Address

4913 Highway 43 N

Borrower City

Summertown

Borrower State

TN

Borrower Zip

38483-7052

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Summertown

Project County Name

LAWRENCE

Project State

TN

Project Zip

38483-7052

CD

TN-07

Jobs Reported

1

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20831.33

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

Sole Proprietorship

Originating Lender Location Id

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20895.83

Forgiveness Date

08/24/2021

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