PPP Loan information for Sherman boat works, inc

$194,400

Sherman boat works, inc was initially approved for PPP Loan of amount $194,400, the current approved amount is $194,400. The loan was approved on 04/27/2020 by The Truist Bank reported 24 jobs and $194,400 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

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SHERMAN BOAT WORKS, INC

Borrower Address

4737 ADAMS RD

Borrower City

HIXSON

Borrower State

TN

Borrower Zip

37343-4001

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194400.00

Current Approval Amount

194400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

194400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196349.40

Forgiveness Date

04/28/2021

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