PPP Loan information for Community mortgage corporation

$1,356,220

Community mortgage corporation was initially approved for PPP Loan of amount $1,356,220, the current approved amount is $1,356,220. The loan was approved on 04/10/2020 by The Independent Bank reported 107 jobs and $1,356,220 was used to fund payroll.

Community mortgage corporation is Existing or more than 2 years old

COMMUNITY MORTGAGE CORPORATION

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

COMMUNITY MORTGAGE CORPORATION

Borrower Address

142 TIMBER CREEK DR

Borrower City

CORDOVA

Borrower State

TN

Borrower Zip

38018-4234

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1356219.87

Current Approval Amount

1356219.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122688

Servicing Lender Name

Independent Bank

Servicing Lender Address

5050 Poplar Ave, Ste 2200

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38157-2200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORDOVA

Project County Name

SHELBY

Project State

TN

Project Zip

38018-4234

CD

TN-09

Jobs Reported

107

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1356219.87

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

122688

Originating Lender

Independent Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1374378.15

Forgiveness Date

08/11/2021

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