PPP Loan information for Summers-taylor, inc.

$6,354,000

Summers-taylor, inc. was initially approved for PPP Loan of amount $6,354,300, the current approved amount is $6,354,000. The loan was approved on 04/13/2020 by The The First Bank and Trust Company reported 435 jobs and $6,354,000 was used to fund payroll.

Summers-taylor, inc. is Existing or more than 2 years old

SUMMERS-TAYLOR, INC.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SUMMERS-TAYLOR, INC.

Borrower Address

300 WEST ELK AVE

Borrower City

ELIZABETHTON

Borrower State

TN

Borrower Zip

37643-2614

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6354300.00

Current Approval Amount

6354000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETHTON

Project County Name

CARTER

Project State

TN

Project Zip

37643-2614

CD

TN-01

Jobs Reported

435

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6354000.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6427071.00

Forgiveness Date

06/10/2021

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