PPP Loan information for Briggs-shaffner acquisition company

$435,000

Briggs-shaffner acquisition company was initially approved for PPP Loan of amount $435,000, the current approved amount is $435,000. The loan was approved on 04/10/2020 by The First Horizon Bank reported 39 jobs and $435,000 was used to fund payroll.

Briggs-shaffner acquisition company is Existing or more than 2 years old

PPP Loan Search / NC / YADKINVILLE / Briggs-shaffner acquisition company

BRIGGS-SHAFFNER ACQUISITION COMPANY

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BRIGGS-SHAFFNER ACQUISITION COMPANY

Borrower Address

1448 US Hwy 601 South

Borrower City

YADKINVILLE

Borrower State

NC

Borrower Zip

27055-6358

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435000.00

Current Approval Amount

435000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YADKINVILLE

Project County Name

YADKIN

Project State

NC

Project Zip

27055-6358

CD

NC-05

Jobs Reported

39

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

330000.00

Mortgage Interest Proceed

0.00

Rent Proceed

34000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

14000

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

439869.58

Forgiveness Date

06/04/2021

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