PPP Loan information for Tennessee mechanical corporation

$385,269

Tennessee mechanical corporation was initially approved for PPP Loan of amount $385,269, the current approved amount is $385,269. The loan was approved on 04/10/2020 by The Volunteer State Bank reported 41 jobs and $385,269 was used to fund payroll.

Tennessee mechanical corporation is Existing or more than 2 years old

PPP Loan Search / TN / Smyrna / Tennessee mechanical corporation

TENNESSEE MECHANICAL CORPORATION

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TENNESSEE MECHANICAL CORPORATION

Borrower Address

101 General Forrest Court

Borrower City

Smyrna

Borrower State

TN

Borrower Zip

37167-4273

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385269.00

Current Approval Amount

385269.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Smyrna

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37167-4273

CD

TN-04

Jobs Reported

41

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38527.00

Payroll Proceed

308215.00

Mortgage Interest Proceed

38527.00

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

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388169.22

Forgiveness Date

01/07/2021

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