PPP Loan information for Proforms, inc.

$280,000

Proforms, inc. was initially approved for PPP Loan of amount $280,000, the current approved amount is $280,000. The loan was approved on 04/07/2020 by The Commercial Bank reported 31 jobs and $280,000 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

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PROFORMS, INC.

Borrower Address

ELK CAMP LANEELK CAMP LN

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37918-1023

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280000.00

Current Approval Amount

280000.00

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

37918-1023

CD

TN-02

Jobs Reported

31

NAICS Code

424120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4200.00

Payroll Proceed

257550.00

Mortgage Interest Proceed

0.00

Rent Proceed

8300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9950.00

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

281796.67

Forgiveness Date

12/02/2020

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