PPP Loan information for The blue chair inc

$86,634

The blue chair inc was initially approved for PPP Loan of amount $86,634, the current approved amount is $86,634. The loan was approved on 02/22/2021 by The SmartBank reported 15 jobs and $86,634 was used to fund payroll.

The blue chair inc is Existing or more than 2 years old

THE BLUE CHAIR INC

Date Approved

02/22/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

THE BLUE CHAIR INC

Borrower Address

35 University Ave

Borrower City

Sewanee

Borrower State

TN

Borrower Zip

37375-2265

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86634.45

Current Approval Amount

86634.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sewanee

Project County Name

FRANKLIN

Project State

TN

Project Zip

37375-2265

CD

TN-04

Jobs Reported

15

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

86628.45

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87122.97

Forgiveness Date

09/15/2021

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