PPP Loan information for Morristown shredder inc

$395,400

Morristown shredder inc was initially approved for PPP Loan of amount $429,800, the current approved amount is $395,400. The loan was approved on 04/10/2020 by The Citizens National Bank reported 53 jobs and $395,400 was used to fund payroll.

Morristown shredder inc is Existing or more than 2 years old

MORRISTOWN SHREDDER INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MORRISTOWN SHREDDER INC

Borrower Address

PO BOX 3158

Borrower City

MORRISTOWN

Borrower State

TN

Borrower Zip

37815-3158

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

429800.00

Current Approval Amount

395400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68841

Servicing Lender Name

Citizens National Bank

Servicing Lender Address

200 Forks of the River Pkwy

Servicing Lender City

SEVIERVILLE

Servicing Lender State

TN

Servicing Lender Zip

37862-3419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORRISTOWN

Project County Name

HAMBLEN

Project State

TN

Project Zip

37815-3158

CD

TN-01

Jobs Reported

53

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

395400.00

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

68841

Originating Lender

Citizens National Bank

Originating Lender City

SEVIERVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397588.24

Forgiveness Date

11/03/2020

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