PPP Loan information for The modern heart

$1,132

The modern heart was initially approved for PPP Loan of amount $1,132, the current approved amount is $1,132. The loan was approved on 04/29/2020 by The Mountain Commerce Bank reported 1 jobs and $1,132 was used to fund payroll.

The modern heart is Existing or more than 2 years old

THE MODERN HEART

Date Approved

04/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

THE MODERN HEART

Borrower Address

218 A 2ND ST

Borrower City

ERWIN

Borrower State

TN

Borrower Zip

37650-1220

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1132.00

Current Approval Amount

1132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ERWIN

Project County Name

UNICOI

Project State

TN

Project Zip

37650-1220

CD

TN-01

Jobs Reported

1

NAICS Code

541921

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

113.20

Payroll Proceed

849.00

Mortgage Interest Proceed

169.80

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1139.92

Forgiveness Date

01/07/2021

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