PPP Loan information for Hometown folks llc

$2,380,697

Hometown folks llc was initially approved for PPP Loan of amount $2,380,697, the current approved amount is $2,380,697. The loan was approved on 04/07/2020 by The First Horizon Bank reported 500 jobs and $2,380,697 was used to fund payroll.

Hometown folks llc is Existing or more than 2 years old

PPP Loan Search / TN / CHATTANOOGA / Hometown folks llc

HOMETOWN FOLKS LLC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HOMETOWN FOLKS LLC

Borrower Address

3093 BROAD ST

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37408-3056

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2380697.00

Current Approval Amount

2380697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37408-3056

CD

TN-03

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

126139.00

Payroll Proceed

1852558.00

Mortgage Interest Proceed

0.00

Rent Proceed

350000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

52000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2408008.89

Forgiveness Date

06/11/2021

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