PPP Loan information for Woodcraft inc

$498,030

Woodcraft inc was initially approved for PPP Loan of amount $498,030, the current approved amount is $498,030. The loan was approved on 02/09/2021 by The First Horizon Bank reported 76 jobs and $498,030 was used to fund payroll.

Woodcraft inc is Existing or more than 2 years old

WOODCRAFT INC

Date Approved

02/09/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

WOODCRAFT INC

Borrower Address

105 S Austin Rd

Borrower City

Morristown

Borrower State

TN

Borrower Zip

37813-2888

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

498030.00

Current Approval Amount

498030.00

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

N

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

37813-2888

CD

TN-01

Jobs Reported

76

NAICS Code

321918

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

498026.00

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

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

502871.96

Forgiveness Date

02/02/2022

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