PPP Loan information for Pallet & crate manufacturing

$24,469

Pallet & crate manufacturing was initially approved for PPP Loan of amount $24,469, the current approved amount is $24,469. The loan was approved on 04/14/2020 by The Mountain Commerce Bank reported 6 jobs and $24,469 was used to fund payroll.

Pallet & crate manufacturing is Existing or more than 2 years old

PALLET & CRATE MANUFACTURING

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PALLET & CRATE MANUFACTURING

Borrower Address

301 OLD HIGHWAY RD

Borrower City

ERWIN

Borrower State

TN

Borrower Zip

37650-5424

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24469.02

Current Approval Amount

24469.02

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ERWIN

Project County Name

UNICOI

Project State

TN

Project Zip

37650-5424

CD

TN-01

Jobs Reported

6

NAICS Code

321920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1529.31

Payroll Proceed

18351.77

Mortgage Interest Proceed

0.00

Rent Proceed

4587.94

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24590.01

Forgiveness Date

10/13/2020

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