PPP Loan information for Cumberland trust and investment company

$1,882,815

Cumberland trust and investment company was initially approved for PPP Loan of amount $1,882,815, the current approved amount is $1,882,815. The loan was approved on 04/15/2020 by The CapStar Bank reported 112 jobs and $1,882,815 was used to fund payroll.

Cumberland trust and investment company is Existing or more than 2 years old

PPP Loan Search / TN / NASHVILLE / Cumberland trust and investment company

CUMBERLAND TRUST AND INVESTMENT COMPANY

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CUMBERLAND TRUST AND INVESTMENT COMPANY

Borrower Address

40 BURTON HILLS BLVD Suite 300

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37215-6199

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1882815.00

Current Approval Amount

1882815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457013

Servicing Lender Name

CapStar Bank

Servicing Lender Address

1201 Demonbreun St Ste 700

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37203-5078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NASHVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37215-6199

CD

TN-05

Jobs Reported

112

NAICS Code

523991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1539815.00

Mortgage Interest Proceed

0.00

Rent Proceed

343000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

457013

Originating Lender

CapStar Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1897825.22

Forgiveness Date

02/12/2021

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