PPP Loan information for Townsend systems, llc

$368,693

Townsend systems, llc was initially approved for PPP Loan of amount $368,693, the current approved amount is $368,693. The loan was approved on 04/12/2020 by The Cadence Bank reported 25 jobs and $368,693 was used to fund payroll.

Townsend systems, llc is New Business or 2 years or less

PPP Loan Search / TN / JACKSON / Townsend systems, llc

TOWNSEND SYSTEMS, LLC

Date Approved

04/12/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TOWNSEND SYSTEMS, LLC

Borrower Address

148 CONALCO DR

Borrower City

JACKSON

Borrower State

TN

Borrower Zip

38301-3792

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368692.50

Current Approval Amount

368692.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

JACKSON

Project County Name

MADISON

Project State

TN

Project Zip

38301-3792

CD

TN-08

Jobs Reported

25

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

368692.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

372195.08

Forgiveness Date

03/31/2021

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