PPP Loan information for Discount tobacco outlet, inc.

$468,564

Discount tobacco outlet, inc. was initially approved for PPP Loan of amount $468,564, the current approved amount is $468,564. The loan was approved on 04/09/2020 by The Volunteer State Bank reported 116 jobs and $468,564 was used to fund payroll.

Discount tobacco outlet, inc. is Existing or more than 2 years old

PPP Loan Search / TN / GALLATIN / Discount tobacco outlet, inc.

DISCOUNT TOBACCO OUTLET, INC.

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DISCOUNT TOBACCO OUTLET, INC.

Borrower Address

206 WEST BROADWAY

Borrower City

GALLATIN

Borrower State

TN

Borrower Zip

37066-2781

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468563.87

Current Approval Amount

468563.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALLATIN

Project County Name

SUMNER

Project State

TN

Project Zip

37066-2781

CD

TN-06

Jobs Reported

116

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

46856.43

Payroll Proceed

374851.00

Mortgage Interest Proceed

46856.44

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

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

471427.32

Forgiveness Date

11/23/2020

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