PPP Loan information for Purpose transport, llc

$330,023

Purpose transport, llc was initially approved for PPP Loan of amount $330,023, the current approved amount is $330,023. The loan was approved on 04/15/2020 by The First Horizon Bank reported 25 jobs and $330,023 was used to fund payroll.

Purpose transport, llc is Existing or more than 2 years old

PURPOSE TRANSPORT, LLC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PURPOSE TRANSPORT, LLC

Borrower Address

1253A ROBERSON SPRINGS RD

Borrower City

LOUDON

Borrower State

TN

Borrower Zip

37774

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330022.50

Current Approval Amount

330022.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOUDON

Project County Name

LOUDON

Project State

TN

Project Zip

37774-0001

CD

TN-02

Jobs Reported

25

NAICS Code

488999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

330022.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

335715.39

Forgiveness Date

01/13/2022

;