PPP Loan information for Weems cartage company

$177,200

Weems cartage company was initially approved for PPP Loan of amount $177,200, the current approved amount is $177,200. The loan was approved on 04/08/2020 by The Andrew Johnson Bank reported 18 jobs and $177,200 was used to fund payroll.

Weems cartage company is Existing or more than 2 years old

WEEMS CARTAGE COMPANY

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WEEMS CARTAGE COMPANY

Borrower Address

710 Campbell Drive

Borrower City

GREENEVILLE

Borrower State

TN

Borrower Zip

37745-2808

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177200.00

Current Approval Amount

177200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67015

Servicing Lender Name

Andrew Johnson Bank

Servicing Lender Address

124 N Main St

Servicing Lender City

GREENEVILLE

Servicing Lender State

TN

Servicing Lender Zip

37743-4920

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENEVILLE

Project County Name

GREENE

Project State

TN

Project Zip

37745-2808

CD

TN-01

Jobs Reported

18

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

177200.00

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

Subchapter S Corporation

Originating Lender Location Id

67015

Originating Lender

Andrew Johnson Bank

Originating Lender City

GREENEVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178356.72

Forgiveness Date

12/09/2020

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