PPP Loan information for Sherman boat works inc

$193,217

Sherman boat works inc was initially approved for PPP Loan of amount $193,217, the current approved amount is $193,217. The loan was approved on 02/18/2021 by The First-Citizens National Bank reported 24 jobs and $193,217 was used to fund payroll.

Sherman boat works inc is Existing or more than 2 years old

PPP Loan Search / TN / Hixson / Sherman boat works inc

SHERMAN BOAT WORKS INC

Date Approved

02/18/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SHERMAN BOAT WORKS INC

Borrower Address

4737 Adams Rd

Borrower City

Hixson

Borrower State

TN

Borrower Zip

37343-4001

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193217.00

Current Approval Amount

193217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66949

Servicing Lender Name

First-Citizens National Bank

Servicing Lender Address

One First Citizens Pl

Servicing Lender City

DYERSBURG

Servicing Lender State

TN

Servicing Lender Zip

38024-4643

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hixson

Project County Name

HAMILTON

Project State

TN

Project Zip

37343-4001

CD

TN-03

Jobs Reported

24

NAICS Code

336612

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

193213.00

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

66949

Originating Lender

First-Citizens National Bank

Originating Lender City

DYERSBURG

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195229.68

Forgiveness Date

03/07/2022

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