PPP Loan information for Maymead inc

$2,340,055

Maymead inc was initially approved for PPP Loan of amount $2,554,600, the current approved amount is $2,340,055. The loan was approved on 04/16/2020 by The Truist Bank reported 270 jobs and $2,340,055 was used to fund payroll.

Maymead inc is Existing or more than 2 years old

PPP Loan Search / TN / MOUNTAIN CITY / Maymead inc

MAYMEAD INC

Date Approved

04/16/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAYMEAD INC

Borrower Address

1995 Roan Creek Road

Borrower City

MOUNTAIN CITY

Borrower State

TN

Borrower Zip

37683-7022

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2554600.00

Current Approval Amount

2340055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAIN CITY

Project County Name

JOHNSON

Project State

TN

Project Zip

37683-7022

CD

TN-01

Jobs Reported

270

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2340055.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2366770.63

Forgiveness Date

06/09/2021

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