PPP Loan information for Friends in need inc

$124,704

Friends in need inc was initially approved for PPP Loan of amount $124,704, the current approved amount is $124,704. The loan was approved on 01/22/2021 by The Bank of Tennessee reported 20 jobs and $124,704 was used to fund payroll.

Friends in need inc is Existing or more than 2 years old

PPP Loan Search / TN / Kingsport / Friends in need inc

FRIENDS IN NEED INC

Date Approved

01/22/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

FRIENDS IN NEED INC

Borrower Address

1105 W Stone Dr

Borrower City

Kingsport

Borrower State

TN

Borrower Zip

37660-2558

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124703.95

Current Approval Amount

124703.95

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

Kingsport

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-2558

CD

TN-01

Jobs Reported

20

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124698.95

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

125701.58

Forgiveness Date

11/10/2021

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