PPP Loan information for Industrial commutator corporation

$525,340

Industrial commutator corporation was initially approved for PPP Loan of amount $525,340, the current approved amount is $525,340. The loan was approved on 01/22/2021 by The Pinnacle Bank reported 32 jobs and $525,340 was used to fund payroll.

Industrial commutator corporation is Existing or more than 2 years old

PPP Loan Search / TN / Maryville / Industrial commutator corporation

INDUSTRIAL COMMUTATOR CORPORATION

Date Approved

01/22/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

INDUSTRIAL COMMUTATOR CORPORATION

Borrower Address

1620 Robert C Jackson Dr

Borrower City

Maryville

Borrower State

TN

Borrower Zip

37801-3704

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

525340.00

Current Approval Amount

525340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maryville

Project County Name

BLOUNT

Project State

TN

Project Zip

37801-3704

CD

TN-02

Jobs Reported

32

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

525335.00

Mortgage Interest Proceed

0.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528722.33

Forgiveness Date

09/17/2021

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