PPP Loan information for Shop local

$53,700

Shop local was initially approved for PPP Loan of amount $53,700, the current approved amount is $53,700. The loan was approved on 04/04/2020 by The Guaranty Bank & Trust Company reported 5 jobs and $53,700 was used to fund payroll.

Shop local is Existing or more than 2 years old

PPP Loan Search / TN / SOMERVILLE / Shop local

SHOP LOCAL

Date Approved

04/04/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SHOP LOCAL

Borrower Address

116 West Market Street

Borrower City

SOMERVILLE

Borrower State

TN

Borrower Zip

38068-1410

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53700.00

Current Approval Amount

53700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39146

Servicing Lender Name

Guaranty Bank & Trust Company

Servicing Lender Address

210 Hayden St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3636

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

FAYETTE

Project State

TN

Project Zip

38068-1410

CD

TN-08

Jobs Reported

5

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53700.00

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

Sole Proprietorship

Originating Lender Location Id

39146

Originating Lender

Guaranty Bank & Trust Company

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48980.19

Forgiveness Date

11/10/2020

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