PPP Loan information for Lofton insurance and financial services, inc.

$37,700

Lofton insurance and financial services, inc. was initially approved for PPP Loan of amount $37,700, the current approved amount is $37,700. The loan was approved on 04/10/2020 by The SmartBank reported 7 jobs and $37,700 was used to fund payroll.

Lofton insurance and financial services, inc. is Existing or more than 2 years old

LOFTON INSURANCE AND FINANCIAL SERVICES, INC.

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LOFTON INSURANCE AND FINANCIAL SERVICES, INC.

Borrower Address

238 E. MAIN ST

Borrower City

SEVIERVILLE

Borrower State

TN

Borrower Zip

37862-3531

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37700.00

Current Approval Amount

37700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SEVIERVILLE

Project County Name

SEVIER

Project State

TN

Project Zip

37862-3531

CD

TN-01

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37700.00

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

Subchapter S Corporation

Originating Lender Location Id

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37880.75

Forgiveness Date

10/09/2020

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