PPP Loan information for The clever factory, inc.

$720,000

The clever factory, inc. was initially approved for PPP Loan of amount $720,000, the current approved amount is $720,000. The loan was approved on 04/08/2020 by The First Horizon Bank reported 67 jobs and $720,000 was used to fund payroll.

The clever factory, inc. is Existing or more than 2 years old

PPP Loan Search / TN / NASHVILLE / The clever factory, inc.

THE CLEVER FACTORY, INC.

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

THE CLEVER FACTORY, INC.

Borrower Address

545 MAINSTREAM DR STE 300

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37228-1201

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

720000.00

Current Approval Amount

720000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NASHVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37228-1201

CD

TN-05

Jobs Reported

67

NAICS Code

424120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

582850.00

Mortgage Interest Proceed

0.00

Rent Proceed

37150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22000.00

Debt Interest Proceed

75000

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

725240.00

Forgiveness Date

01/13/2021

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