PPP Loan information for Igsett distributors, inc.

$293,500

Igsett distributors, inc. was initially approved for PPP Loan of amount $293,500, the current approved amount is $293,500. The loan was approved on 04/10/2020 by The First Horizon Bank reported 40 jobs and $293,500 was used to fund payroll.

Igsett distributors, inc. is Existing or more than 2 years old

IGSETT DISTRIBUTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

IGSETT DISTRIBUTORS, INC.

Borrower Address

51 Highland Center Blvd

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28806-1002

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

293500.00

Current Approval Amount

293500.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28806-1002

CD

NC-11

Jobs Reported

40

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

300.00

Payroll Proceed

235000.00

Mortgage Interest Proceed

0.00

Rent Proceed

58200.00

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

298497.65

Forgiveness Date

01/04/2022

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