PPP Loan information for Branch technology, inc

$519,400

Branch technology, inc was initially approved for PPP Loan of amount $519,400, the current approved amount is $519,400. The loan was approved on 04/09/2020 by The SmartBank reported 25 jobs and $519,400 was used to fund payroll.

Branch technology, inc is Existing or more than 2 years old

PPP Loan Search / TN / CHATTANOOGA / Branch technology, inc

BRANCH TECHNOLOGY, INC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BRANCH TECHNOLOGY, INC

Borrower Address

1530 RIVERSIDE DR,SUITE B

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37406-4313

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519400.00

Current Approval Amount

519400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37406-4313

CD

TN-03

Jobs Reported

25

NAICS Code

326121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

519400.00

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

512951.65

Forgiveness Date

12/28/2020

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