PPP Loan information for Milan corporation

$13,855

Milan corporation was initially approved for PPP Loan of amount $13,855, the current approved amount is $13,855. The loan was approved on 05/02/2020 by The Volunteer Federal Savings Bank reported 5 jobs and $13,855 was used to fund payroll.

Milan corporation is Existing or more than 2 years old

MILAN CORPORATION

Date Approved

05/02/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MILAN CORPORATION

Borrower Address

2808 DECATUR PIKE

Borrower City

ATHENS

Borrower State

TN

Borrower Zip

37303-6901

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13855.00

Current Approval Amount

13855.00

Undisbursed Amount

0.00

Franchise Name

Red Lion Hotels

Servicing Lender Location Id

89650

Servicing Lender Name

Volunteer Federal Savings Bank

Servicing Lender Address

108 Main St

Servicing Lender City

MADISONVILLE

Servicing Lender State

TN

Servicing Lender Zip

37354-1487

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

MCMINN

Project State

TN

Project Zip

37303-6901

CD

TN-03

Jobs Reported

5

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13855.00

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

89650

Originating Lender

Volunteer Federal Savings Bank

Originating Lender City

MADISONVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7902.99

Forgiveness Date

12/15/2020

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