PPP Loan information for Hiwassee packaging, inc.

$551,000

Hiwassee packaging, inc. was initially approved for PPP Loan of amount $551,000, the current approved amount is $551,000. The loan was approved on 04/07/2020 by The Simply Bank reported 89 jobs and $551,000 was used to fund payroll.

Hiwassee packaging, inc. is Existing or more than 2 years old

PPP Loan Search / TN / DAYTON / Hiwassee packaging, inc.

HIWASSEE PACKAGING, INC.

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HIWASSEE PACKAGING, INC.

Borrower Address

124 Appalachian Drive

Borrower City

DAYTON

Borrower State

TN

Borrower Zip

37321-5938

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551000.00

Current Approval Amount

551000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68878

Servicing Lender Name

Simply Bank

Servicing Lender Address

420 Third Ave

Servicing Lender City

DAYTON

Servicing Lender State

TN

Servicing Lender Zip

37321

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DAYTON

Project County Name

RHEA

Project State

TN

Project Zip

37321-5938

CD

TN-04

Jobs Reported

89

NAICS Code

325998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1240.41

Payroll Proceed

549552.45

Mortgage Interest Proceed

207.14

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

68878

Originating Lender

Simply Bank

Originating Lender City

DAYTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

556902.49

Forgiveness Date

05/13/2021

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