PPP Loan information for Specialty water technologies inc

$675,000

Specialty water technologies inc was initially approved for PPP Loan of amount $675,000, the current approved amount is $675,000. The loan was approved on 04/13/2020 by The First Horizon Bank reported 48 jobs and $675,000 was used to fund payroll.

Specialty water technologies inc is Existing or more than 2 years old

PPP Loan Search / TN / PORTLAND / Specialty water technologies inc

SPECIALTY WATER TECHNOLOGIES INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SPECIALTY WATER TECHNOLOGIES INC

Borrower Address

104 FLEX AVE

Borrower City

PORTLAND

Borrower State

TN

Borrower Zip

37148-1503

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

675000.00

Current Approval Amount

675000.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

SUMNER

Project State

TN

Project Zip

37148-1503

CD

TN-06

Jobs Reported

48

NAICS Code

221310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

600000.00

Mortgage Interest Proceed

0.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

18000

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

682650.00

Forgiveness Date

06/10/2021

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