PPP Loan information for Michael d chase family trust

$2,000,000

Michael d chase family trust was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/20/2021 by The First Horizon Bank reported 500 jobs and $2,000,000 was used to fund payroll.

Michael d chase family trust is Existing or more than 2 years old

PPP Loan Search / TN / Knoxville / Michael d chase family trust

MICHAEL D CHASE FAMILY TRUST

Date Approved

03/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MICHAEL D CHASE FAMILY TRUST

Borrower Address

3001 Industrial Pkwy E

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37921-1711

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

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

37921-1711

CD

TN-02

Jobs Reported

500

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2013277.78

Forgiveness Date

11/24/2021

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