PPP Loan information for Proforms inc

$275,300

Proforms inc was initially approved for PPP Loan of amount $275,300, the current approved amount is $275,300. The loan was approved on 03/16/2021 by The Commercial Bank reported 31 jobs and $275,300 was used to fund payroll.

Proforms inc is Existing or more than 2 years old

PPP Loan Search / TN / Knoxville / Proforms inc

PROFORMS INC

Date Approved

03/16/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

PROFORMS INC

Borrower Address

6901 Neal Chase Way

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37918-5251

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

275300.00

Current Approval Amount

275300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

U

Hubzone Indicator

N

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

37918-5251

CD

TN-02

Jobs Reported

31

NAICS Code

424120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

275297.00

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

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

277066.51

Forgiveness Date

11/08/2021

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