PPP Loan information for Restoration systems inc

$388,088

Restoration systems inc was initially approved for PPP Loan of amount $388,088, the current approved amount is $388,088. The loan was approved on 03/31/2021 by The The Hardin County Bank reported 14 jobs and $388,088 was used to fund payroll.

Restoration systems inc is Existing or more than 2 years old

RESTORATION SYSTEMS INC

Date Approved

03/31/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

RESTORATION SYSTEMS INC

Borrower Address

452 Distribution Pkwy

Borrower City

Collierville

Borrower State

TN

Borrower Zip

38017-2945

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

388088.00

Current Approval Amount

388088.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68819

Servicing Lender Name

The Hardin County Bank

Servicing Lender Address

235 Wayne Rd

Servicing Lender City

SAVANNAH

Servicing Lender State

TN

Servicing Lender Zip

38372-1941

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Collierville

Project County Name

SHELBY

Project State

TN

Project Zip

38017-2945

CD

TN-08

Jobs Reported

14

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

388084.00

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

68819

Originating Lender

The Hardin County Bank

Originating Lender City

SAVANNAH

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390065.65

Forgiveness Date

10/06/2021

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