PPP Loan information for True rail enterprises llc

$60,819

True rail enterprises llc was initially approved for PPP Loan of amount $60,819, the current approved amount is $60,819. The loan was approved on 04/28/2020 by The SouthEast Bank reported 6 jobs and $60,819 was used to fund payroll.

True rail enterprises llc is New Business or 2 years or less

TRUE RAIL ENTERPRISES LLC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TRUE RAIL ENTERPRISES LLC

Borrower Address

3266 LAKEWOOD DR

Borrower City

CLEVELAND

Borrower State

TN

Borrower Zip

37312-2093

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60818.77

Current Approval Amount

60818.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262367

Servicing Lender Name

SouthEast Bank

Servicing Lender Address

12700 Kingston Pike

Servicing Lender City

Farragut

Servicing Lender State

TN

Servicing Lender Zip

37934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CLEVELAND

Project County Name

BRADLEY

Project State

TN

Project Zip

37312-2093

CD

TN-03

Jobs Reported

6

NAICS Code

488210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60818.77

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

Limited Liability Company(LLC)

Originating Lender Location Id

262367

Originating Lender

SouthEast Bank

Originating Lender City

Farragut

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61613.58

Forgiveness Date

08/30/2021

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