PPP Loan information for Michael's sportwear

$20,000

Michael's sportwear was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/15/2020 by The Community Bank reported 8 jobs and $20,000 was used to fund payroll.

Michael's sportwear is Existing or more than 2 years old

MICHAEL'S SPORTWEAR

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MICHAEL'S SPORTWEAR

Borrower Address

202 PERRY ST

Borrower City

MILLEDGEVILLE

Borrower State

TN

Borrower Zip

38359-4034

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88774

Servicing Lender Name

Community Bank

Servicing Lender Address

19 Natchez Trace Dr

Servicing Lender City

LEXINGTON

Servicing Lender State

TN

Servicing Lender Zip

38351-2172

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLEDGEVILLE

Project County Name

CHESTER

Project State

TN

Project Zip

38359-4034

CD

TN-08

Jobs Reported

8

NAICS Code

315280

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

Subchapter S Corporation

Originating Lender Location Id

88774

Originating Lender

Community Bank

Originating Lender City

LEXINGTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20144.44

Forgiveness Date

01/07/2021

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