PPP Loan information for School of perpetual motion inc

$47,955

School of perpetual motion inc was initially approved for PPP Loan of amount $47,955, the current approved amount is $47,955. The loan was approved on 04/30/2020 by The CBBC Bank reported 17 jobs and $47,955 was used to fund payroll.

School of perpetual motion inc is Existing or more than 2 years old

PPP Loan Search / TN / Maryville / School of perpetual motion inc

SCHOOL OF PERPETUAL MOTION INC

Date Approved

04/30/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SCHOOL OF PERPETUAL MOTION INC

Borrower Address

1452 E Brown School Rd

Borrower City

Maryville

Borrower State

TN

Borrower Zip

37804-4922

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47955.00

Current Approval Amount

47955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67211

Servicing Lender Name

CBBC Bank

Servicing Lender Address

330 E Broadway

Servicing Lender City

MARYVILLE

Servicing Lender State

TN

Servicing Lender Zip

37804-5732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maryville

Project County Name

BLOUNT

Project State

TN

Project Zip

37804-4922

CD

TN-02

Jobs Reported

17

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

45955.00

Mortgage Interest Proceed

1000.00

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

67211

Originating Lender

CBBC Bank

Originating Lender City

MARYVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48441.21

Forgiveness Date

05/10/2021

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