PPP Loan information for Schaadsource, llc

$266,225

Schaadsource, llc was initially approved for PPP Loan of amount $266,225, the current approved amount is $266,225. The loan was approved on 04/13/2020 by The Mountain Commerce Bank reported 20 jobs and $266,225 was used to fund payroll.

Schaadsource, llc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Schaadsource, llc

SCHAADSOURCE, LLC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SCHAADSOURCE, LLC

Borrower Address

150 Major Reynolds Place

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37919-4853

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

266225.00

Current Approval Amount

266225.00

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

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

37919-4853

CD

TN-02

Jobs Reported

20

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16639.00

Payroll Proceed

199669.00

Mortgage Interest Proceed

49917.00

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267933.28

Forgiveness Date

12/09/2020

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