PPP Loan information for Sumner group inc

$43,893

Sumner group inc was initially approved for PPP Loan of amount $43,893, the current approved amount is $43,893. The loan was approved on 04/10/2020 by The Volunteer State Bank reported 5 jobs and $43,893 was used to fund payroll.

Sumner group inc is Existing or more than 2 years old

PPP Loan Search / TN / Portland / Sumner group inc

SUMNER GROUP INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SUMNER GROUP INC

Borrower Address

123 A Sandye Ave

Borrower City

Portland

Borrower State

TN

Borrower Zip

37148-1345

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43893.02

Current Approval Amount

43893.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

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

37148-1345

CD

TN-06

Jobs Reported

5

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10973.26

Payroll Proceed

32919.76

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

Subchapter S Corporation

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

44153.94

Forgiveness Date

11/12/2020

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