PPP Loan information for Savannah industrial solutions, llc

$640,000

Savannah industrial solutions, llc was initially approved for PPP Loan of amount $974,283, the current approved amount is $640,000. The loan was approved on 04/10/2020 by The Prospect Bank reported 105 jobs and $640,000 was used to fund payroll.

Savannah industrial solutions, llc is New Business or 2 years or less

SAVANNAH INDUSTRIAL SOLUTIONS, LLC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SAVANNAH INDUSTRIAL SOLUTIONS, LLC

Borrower Address

735 Florence Road

Borrower City

SAVANNAH

Borrower State

TN

Borrower Zip

38372-3101

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

974282.50

Current Approval Amount

640000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22283

Servicing Lender Name

Prospect Bank

Servicing Lender Address

177 W Wood St

Servicing Lender City

PARIS

Servicing Lender State

IL

Servicing Lender Zip

61944-1737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Savannah

Project County Name

HARDIN

Project State

TN

Project Zip

38372-0001

CD

TN-07

Jobs Reported

105

NAICS Code

333241

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

640000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

22283

Originating Lender

Prospect Bank

Originating Lender City

PARIS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

645386.67

Forgiveness Date

02/18/2021

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