PPP Loan information for Mortensen motors inc.

$12,532

Mortensen motors inc. was initially approved for PPP Loan of amount $12,532, the current approved amount is $12,532. The loan was approved on 04/02/2021 by The SmartBank reported 2 jobs and $12,532 was used to fund payroll.

Mortensen motors inc. is Existing or more than 2 years old

PPP Loan Search / TN / Tullahoma / Mortensen motors inc.

MORTENSEN MOTORS INC.

Date Approved

04/02/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MORTENSEN MOTORS INC.

Borrower Address

2013 N Jackson St

Borrower City

Tullahoma

Borrower State

TN

Borrower Zip

37388-2205

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12531.87

Current Approval Amount

12531.87

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tullahoma

Project County Name

COFFEE

Project State

TN

Project Zip

37388-2205

CD

TN-04

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12531.87

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

12688.87

Forgiveness Date

07/08/2022

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