PPP Loan information for Sub south, llc

$2,000,000

Sub south, llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The Mountain Commerce Bank reported 300 jobs and $2,000,000 was used to fund payroll.

Sub south, llc is Existing or more than 2 years old

SUB SOUTH, LLC

Date Approved

02/17/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SUB SOUTH, LLC

Borrower Address

6250 Enterprise Dr

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37909-1223

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Knoxville

Project County Name

KNOX

Project State

TN

Project Zip

37909-1223

CD

TN-02

Jobs Reported

300

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016888.89

Forgiveness Date

12/21/2021

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