PPP Loan information for U turn institute

$16,527

U turn institute was initially approved for PPP Loan of amount $16,527, the current approved amount is $16,527. The loan was approved on 04/27/2020 by The First Horizon Bank reported 2 jobs and $16,527 was used to fund payroll.

U turn institute is Existing or more than 2 years old

U TURN INSTITUTE

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

U TURN INSTITUTE

Borrower Address

2412 Wolfe Drive

Borrower City

CLEVELAND

Borrower State

TN

Borrower Zip

37311

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16527.00

Current Approval Amount

16527.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

BRADLEY

Project State

TN

Project Zip

37311-0600

CD

TN-04

Jobs Reported

2

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

12396.00

Mortgage Interest Proceed

0.00

Rent Proceed

3131.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

16745.52

Forgiveness Date

09/02/2021

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