PPP Loan information for Cumberland farmers cooperative

$159,400

Cumberland farmers cooperative was initially approved for PPP Loan of amount $159,400, the current approved amount is $159,400. The loan was approved on 04/27/2020 by The FirstBank reported 11 jobs and $159,400 was used to fund payroll.

Cumberland farmers cooperative is Existing or more than 2 years old

CUMBERLAND FARMERS COOPERATIVE

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CUMBERLAND FARMERS COOPERATIVE

Borrower Address

152 Elmore Road

Borrower City

Crossville

Borrower State

TN

Borrower Zip

38555-4049

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159400.00

Current Approval Amount

159400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68822

Servicing Lender Name

FirstBank

Servicing Lender Address

211 Commerce St, Ste 300

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-1810

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Crossville

Project County Name

CUMBERLAND

Project State

TN

Project Zip

38555-0001

CD

TN-06

Jobs Reported

11

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

159398.00

Mortgage Interest Proceed

1.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

68822

Originating Lender

FirstBank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

160546.79

Forgiveness Date

01/19/2021

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