PPP Loan information for Lockhart distributing inc.

$409,631

Lockhart distributing inc. was initially approved for PPP Loan of amount $409,631, the current approved amount is $409,631. The loan was approved on 04/13/2020 by The First Horizon Bank reported 30 jobs and $409,631 was used to fund payroll.

Lockhart distributing inc. is Existing or more than 2 years old

LOCKHART DISTRIBUTING INC.

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

LOCKHART DISTRIBUTING INC.

Borrower Address

1460 LOCKHART DR

Borrower City

KENNESAW

Borrower State

GA

Borrower Zip

30144-7048

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409631.00

Current Approval Amount

409631.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENNESAW

Project County Name

COBB

Project State

GA

Project Zip

30144-7048

CD

GA-11

Jobs Reported

30

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

409631.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

415024.47

Forgiveness Date

08/11/2021

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