PPP Loan information for Athens electric motor service inc

$41,500

Athens electric motor service inc was initially approved for PPP Loan of amount $41,500, the current approved amount is $41,500. The loan was approved on 04/13/2020 by The Truist Bank reported 6 jobs and $41,500 was used to fund payroll.

Athens electric motor service inc is Existing or more than 2 years old

PPP Loan Search / TN / ATHENS / Athens electric motor service inc

ATHENS ELECTRIC MOTOR SERVICE INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ATHENS ELECTRIC MOTOR SERVICE INC

Borrower Address

700 Decatur Pike

Borrower City

ATHENS

Borrower State

TN

Borrower Zip

37303-2518

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41500.00

Current Approval Amount

41500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

MCMINN

Project State

TN

Project Zip

37303-2518

CD

TN-03

Jobs Reported

6

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41500.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41845.83

Forgiveness Date

02/19/2021

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