Date Approved
04/15/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
AXEM DISTRIBUTING, INC.
Borrower Address
1424 GATEWAY DR
Borrower City
GALLATIN
Borrower State
TN
Borrower Zip
37066-4759
Loan Status Date
10/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
196900.00
Current Approval Amount
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
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
Project County Name
SUMNER
Project State
Project Zip
CD
TN-06
Jobs Reported
22
NAICS Code
332994
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
8000.00
Payroll Proceed
172000.00
Mortgage Interest Proceed
Rent Proceed
16900.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
199530.80
Forgiveness Date
08/26/2021