PPP Loan information for Woodcraft inc

$523,057

Woodcraft inc was initially approved for PPP Loan of amount $523,057, the current approved amount is $523,057. The loan was approved on 04/14/2020 by The First Horizon Bank reported 79 jobs and $523,057 was used to fund payroll.

Woodcraft inc is Existing or more than 2 years old

WOODCRAFT INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WOODCRAFT INC

Borrower Address

105 South Austin Rd

Borrower City

MORRISTOWN

Borrower State

TN

Borrower Zip

37814

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

523057.00

Current Approval Amount

523057.00

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

MORRISTOWN

Project County Name

HAMBLEN

Project State

TN

Project Zip

37814-0001

CD

TN-01

Jobs Reported

79

NAICS Code

321918

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

59999.00

Payroll Proceed

433058.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

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

528142.28

Forgiveness Date

04/15/2021

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