PPP Loan information for Wade's food center, inc.

$588,825

Wade's food center, inc. was initially approved for PPP Loan of amount $588,825, the current approved amount is $588,825. The loan was approved on 04/27/2020 by The SouthEast Bank reported 178 jobs and $588,825 was used to fund payroll.

Wade's food center, inc. is Existing or more than 2 years old

PPP Loan Search / TN / DECATUR / Wade's food center, inc.

WADE'S FOOD CENTER, INC.

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WADE'S FOOD CENTER, INC.

Borrower Address

17619 STATE HIGHWAY 58 N

Borrower City

DECATUR

Borrower State

TN

Borrower Zip

37322-7885

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588825.47

Current Approval Amount

588825.47

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MEIGS

Project State

TN

Project Zip

37322-7885

CD

TN-04

Jobs Reported

178

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

588825.47

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

262367

Originating Lender

SouthEast Bank

Originating Lender City

Farragut

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

595794.58

Forgiveness Date

07/08/2021

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