PPP Loan information for Tennessee associated electric llc

$1,753,630

Tennessee associated electric llc was initially approved for PPP Loan of amount $1,753,630, the current approved amount is $1,753,630. The loan was approved on 05/23/2021 by The Community Bank reported 110 jobs and $1,753,630 was used to fund payroll.

Tennessee associated electric llc is Existing or more than 2 years old

PPP Loan Search / TN / Knoxville / Tennessee associated electric llc

TENNESSEE ASSOCIATED ELECTRIC LLC

Date Approved

05/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

TENNESSEE ASSOCIATED ELECTRIC LLC

Borrower Address

214 W Morelia Ave

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37917-5151

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1753630.00

Current Approval Amount

1753630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88774

Servicing Lender Name

Community Bank

Servicing Lender Address

19 Natchez Trace Dr

Servicing Lender City

LEXINGTON

Servicing Lender State

TN

Servicing Lender Zip

38351-2172

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

37917-5151

CD

TN-02

Jobs Reported

110

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1753628.00

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

88774

Originating Lender

Community Bank

Originating Lender City

LEXINGTON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1763031.41

Forgiveness Date

12/06/2021

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