Date Approved
04/27/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
POWDER COTE II, LLC
Borrower Address
193 FRANK L DIGGS DR
Borrower City
CLINTON
Borrower State
TN
Borrower Zip
37716-6573
Loan Status Date
06/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1043657.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122287
Servicing Lender Name
Mercantile Bank
Servicing Lender Address
310 Leonard St NW
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
MI
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ANDERSON
Project State
Project Zip
CD
TN-03
Jobs Reported
148
NAICS Code
332812
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
64970.00
Payroll Proceed
874485.00
Mortgage Interest Proceed
Rent Proceed
90534.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
13668
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1054322.32
Forgiveness Date
05/10/2021