PPP Loan information for American pallet co of tennessee inc

$252,094

American pallet co of tennessee inc was initially approved for PPP Loan of amount $252,094, the current approved amount is $252,094. The loan was approved on 08/03/2020 by The INSOUTH Bank reported 97 jobs and $252,094 was used to fund payroll.

American pallet co of tennessee inc is Existing or more than 2 years old

AMERICAN PALLET CO OF TENNESSEE INC

Date Approved

08/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AMERICAN PALLET CO OF TENNESSEE INC

Borrower Address

191 INDUSTRIAL DR

Borrower City

MARTIN

Borrower State

TN

Borrower Zip

38237-9219

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

252094.17

Current Approval Amount

252094.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66824

Servicing Lender Name

INSOUTH Bank

Servicing Lender Address

111 S Washington

Servicing Lender City

BROWNSVILLE

Servicing Lender State

TN

Servicing Lender Zip

38012-3033

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARTIN

Project County Name

WEAKLEY

Project State

TN

Project Zip

38237-9219

CD

TN-08

Jobs Reported

97

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10500.00

Payroll Proceed

241594.17

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

66824

Originating Lender

INSOUTH Bank

Originating Lender City

BROWNSVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253753.79

Forgiveness Date

03/30/2021

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