PPP Loan information for Jat oil, inc.

$1,240,097

Jat oil, inc. was initially approved for PPP Loan of amount $1,240,097, the current approved amount is $1,240,097. The loan was approved on 04/07/2020 by The First Horizon Bank reported 77 jobs and $1,240,097 was used to fund payroll.

Jat oil, inc. is Existing or more than 2 years old

JAT OIL, INC.

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

JAT OIL, INC.

Borrower Address

600 West MAIN ST

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37402-4701

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1240097.00

Current Approval Amount

1240097.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37402-4701

CD

TN-03

Jobs Reported

77

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12500.00

Payroll Proceed

1102097.00

Mortgage Interest Proceed

0.00

Rent Proceed

23000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

62500.00

Debt Interest Proceed

40000

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

1253324.70

Forgiveness Date

05/12/2021

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