PPP Loan information for Ported tools inc

$40,000

Ported tools inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 03/13/2021 by The First Horizon Bank reported 3 jobs and $40,000 was used to fund payroll.

Ported tools inc is Existing or more than 2 years old

PORTED TOOLS INC

Date Approved

03/13/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

PORTED TOOLS INC

Borrower Address

201 Shell Ln

Borrower City

Scott

Borrower State

LA

Borrower Zip

70583-5229

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scott

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70583-5229

CD

LA-03

Jobs Reported

3

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39996.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40441.11

Forgiveness Date

05/09/2022

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