PPP Loan information for Appalachian basin assets inc.

$38,700

Appalachian basin assets inc. was initially approved for PPP Loan of amount $38,700, the current approved amount is $38,700. The loan was approved on 04/03/2020 by The The First Bank and Trust Company reported 4 jobs and $38,700 was used to fund payroll.

Appalachian basin assets inc. is Existing or more than 2 years old

APPALACHIAN BASIN ASSETS INC.

Date Approved

04/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

APPALACHIAN BASIN ASSETS INC.

Borrower Address

1735 West STATE OF FRANKLIN RD, Suite 10

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37604-6572

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38700.00

Current Approval Amount

38700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37604-6572

CD

TN-01

Jobs Reported

4

NAICS Code

445310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38700.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39139.68

Forgiveness Date

06/03/2021

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