PPP Loan information for Towe iron works inc.

$226,438

Towe iron works inc. was initially approved for PPP Loan of amount $226,438, the current approved amount is $226,438. The loan was approved on 02/07/2021 by The First Horizon Bank reported 25 jobs and $226,438 was used to fund payroll.

Towe iron works inc. is Existing or more than 2 years old

PPP Loan Search / TN / Knoxville / Towe iron works inc.

TOWE IRON WORKS INC.

Date Approved

02/07/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

TOWE IRON WORKS INC.

Borrower Address

2728 Mynderse Ave

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37921-6041

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226437.50

Current Approval Amount

226437.50

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

Knoxville

Project County Name

KNOX

Project State

TN

Project Zip

37921-6041

CD

TN-02

Jobs Reported

25

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

226434.50

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

228305.61

Forgiveness Date

12/09/2021

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