PPP Loan information for Versa-tube mfg. co.

$912,800

Versa-tube mfg. co. was initially approved for PPP Loan of amount $912,800, the current approved amount is $912,800. The loan was approved on 04/07/2020 by The First Horizon Bank reported 79 jobs and $912,800 was used to fund payroll.

Versa-tube mfg. co. is Existing or more than 2 years old

PPP Loan Search / TN / COLLIERVILLE / Versa-tube mfg. co.

VERSA-TUBE MFG. CO.

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

VERSA-TUBE MFG. CO.

Borrower Address

50 EASTLEY ST

Borrower City

COLLIERVILLE

Borrower State

TN

Borrower Zip

38017-2736

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

912800.00

Current Approval Amount

912800.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

COLLIERVILLE

Project County Name

SHELBY

Project State

TN

Project Zip

38017-2736

CD

TN-08

Jobs Reported

79

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

852798.00

Mortgage Interest Proceed

9000.00

Rent Proceed

46002.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

918783.91

Forgiveness Date

12/17/2020

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