PPP Loan information for Southwest tennessee development district

$471,413

Southwest tennessee development district was initially approved for PPP Loan of amount $471,413, the current approved amount is $471,413. The loan was approved on 04/14/2020 by The Cadence Bank reported 36 jobs and $471,413 was used to fund payroll.

Southwest tennessee development district is Existing or more than 2 years old

PPP Loan Search / TN / JACKSON / Southwest tennessee development district

SOUTHWEST TENNESSEE DEVELOPMENT DISTRICT

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHWEST TENNESSEE DEVELOPMENT DISTRICT

Borrower Address

102 COLLEGE ST

Borrower City

JACKSON

Borrower State

TN

Borrower Zip

38301

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

471412.50

Current Approval Amount

471412.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

MADISON

Project State

TN

Project Zip

38301-0600

CD

TN-08

Jobs Reported

36

NAICS Code

925120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

471412.50

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

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

474712.39

Forgiveness Date

12/31/2020

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