PPP Loan information for Somerville farm supply, inc.

$102,597

Somerville farm supply, inc. was initially approved for PPP Loan of amount $102,597, the current approved amount is $102,597. The loan was approved on 04/16/2020 by The The Bank of Fayette County reported 10 jobs and $102,597 was used to fund payroll.

Somerville farm supply, inc. is Existing or more than 2 years old

PPP Loan Search / TN / SOMERVILLE / Somerville farm supply, inc.

SOMERVILLE FARM SUPPLY, INC.

Date Approved

04/16/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOMERVILLE FARM SUPPLY, INC.

Borrower Address

17085 US HIGHWAY 64

Borrower City

SOMERVILLE

Borrower State

TN

Borrower Zip

38068-6190

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102597.00

Current Approval Amount

102597.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68708

Servicing Lender Name

The Bank of Fayette County

Servicing Lender Address

1265 Hwy 57 E

Servicing Lender City

Collierville

Servicing Lender State

TN

Servicing Lender Zip

38017

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

FAYETTE

Project State

TN

Project Zip

38068-6190

CD

TN-08

Jobs Reported

10

NAICS Code

424910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102597.00

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

Corporation

Originating Lender Location Id

68708

Originating Lender

The Bank of Fayette County

Originating Lender City

Collierville

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

103344.69

Forgiveness Date

01/14/2021

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