PPP Loan information for Johnson city bedding company

$430,962

Johnson city bedding company was initially approved for PPP Loan of amount $430,962, the current approved amount is $430,962. The loan was approved on 04/09/2020 by The First Horizon Bank reported 51 jobs and $430,962 was used to fund payroll.

Johnson city bedding company is Existing or more than 2 years old

JOHNSON CITY BEDDING COMPANY

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

JOHNSON CITY BEDDING COMPANY

Borrower Address

250 WEST MARKET ST

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37604-6208

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

430961.62

Current Approval Amount

430961.62

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

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37604-6208

CD

TN-01

Jobs Reported

51

NAICS Code

337910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8100.00

Payroll Proceed

390000.00

Mortgage Interest Proceed

16900.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15961.62

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

436264.84

Forgiveness Date

07/14/2021

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