PPP Loan information for Axem distributing, inc.

$196,900

Axem distributing, inc. was initially approved for PPP Loan of amount $196,900, the current approved amount is $196,900. The loan was approved on 04/15/2020 by The First Horizon Bank reported 22 jobs and $196,900 was used to fund payroll.

Axem distributing, inc. is Existing or more than 2 years old

PPP Loan Search / TN / GALLATIN / Axem distributing, inc.

AXEM DISTRIBUTING, INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AXEM DISTRIBUTING, INC.

Borrower Address

1424 GATEWAY DR

Borrower City

GALLATIN

Borrower State

TN

Borrower Zip

37066-4759

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196900.00

Current Approval Amount

196900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALLATIN

Project County Name

SUMNER

Project State

TN

Project Zip

37066-4759

CD

TN-06

Jobs Reported

22

NAICS Code

332994

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

172000.00

Mortgage Interest Proceed

0.00

Rent Proceed

16900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199530.80

Forgiveness Date

08/26/2021

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