PPP Loan information for Eastern eight community development corporation

$158,590

Eastern eight community development corporation was initially approved for PPP Loan of amount $158,590, the current approved amount is $158,590. The loan was approved on 04/08/2020 by The Bank of Tennessee reported 12 jobs and $158,590 was used to fund payroll.

Eastern eight community development corporation is Existing or more than 2 years old

EASTERN EIGHT COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

EASTERN EIGHT COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

214 E Watauga Ave

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37601-4630

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158590.00

Current Approval Amount

158590.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37601-4630

CD

TN-01

Jobs Reported

12

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158590.00

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

Non-Profit Organization

Originating Lender Location Id

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

159471.06

Forgiveness Date

11/03/2020

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