PPP Loan information for Conveyor systems inc

$585,690

Conveyor systems inc was initially approved for PPP Loan of amount $585,690, the current approved amount is $585,690. The loan was approved on 02/10/2021 by The Legends Bank reported 37 jobs and $585,690 was used to fund payroll.

Conveyor systems inc is Existing or more than 2 years old

CONVEYOR SYSTEMS INC

Date Approved

02/10/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

CONVEYOR SYSTEMS INC

Borrower Address

5833 Highway 76 E

Borrower City

Springfield

Borrower State

TN

Borrower Zip

37172-5326

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

585690.15

Current Approval Amount

585690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123233

Servicing Lender Name

Legends Bank

Servicing Lender Address

310 N First St

Servicing Lender City

Clarksville

Servicing Lender State

TN

Servicing Lender Zip

37040

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

ROBERTSON

Project State

TN

Project Zip

37172-5326

CD

TN-06

Jobs Reported

37

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

585689.00

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

123233

Originating Lender

Legends Bank

Originating Lender City

Clarksville

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

590263.20

Forgiveness Date

11/24/2021

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