PPP Loan information for Witt building material company, incorporated

$324,873

Witt building material company, incorporated was initially approved for PPP Loan of amount $324,873, the current approved amount is $324,873. The loan was approved on 04/27/2020 by The TNBANK reported 47 jobs and $324,873 was used to fund payroll.

Witt building material company, incorporated is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Witt building material company, incorporated

WITT BUILDING MATERIAL COMPANY, INCORPORATED

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WITT BUILDING MATERIAL COMPANY, INCORPORATED

Borrower Address

1242 WEISGARBER RD

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37909-2645

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

324872.59

Current Approval Amount

324872.59

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119482

Servicing Lender Name

TNBANK

Servicing Lender Address

401 S Illinois Ave

Servicing Lender City

OAK RIDGE

Servicing Lender State

TN

Servicing Lender Zip

37830-7510

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37909-2645

CD

TN-02

Jobs Reported

47

NAICS Code

444110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

16510.31

Payroll Proceed

268627.46

Mortgage Interest Proceed

0.00

Rent Proceed

19333.34

Refinance EIDL Proceed

0.00

Health Care Proceed

20401.48

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119482

Originating Lender

TNBANK

Originating Lender City

OAK RIDGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

326587.20

Forgiveness Date

11/05/2020

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