PPP Loan information for Sims tractor and implement company

$48,413

Sims tractor and implement company was initially approved for PPP Loan of amount $48,413, the current approved amount is $48,413. The loan was approved on 03/04/2021 by The Home Federal Bank of Tennessee reported 10 jobs and $48,413 was used to fund payroll.

Sims tractor and implement company is Existing or more than 2 years old

PPP Loan Search / TN / Sevierville / Sims tractor and implement company

SIMS TRACTOR AND IMPLEMENT COMPANY

Date Approved

03/04/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SIMS TRACTOR AND IMPLEMENT COMPANY

Borrower Address

2449 Newport Highway

Borrower City

Sevierville

Borrower State

TN

Borrower Zip

37876

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48412.50

Current Approval Amount

48412.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82813

Servicing Lender Name

Home Federal Bank of Tennessee

Servicing Lender Address

515 Market St

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37902-2145

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sevierville

Project County Name

SEVIER

Project State

TN

Project Zip

37876

CD

TN-01

Jobs Reported

10

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48410.50

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

Subchapter S Corporation

Originating Lender Location Id

82813

Originating Lender

Home Federal Bank of Tennessee

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48544.29

Forgiveness Date

06/15/2021

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