PPP Loan information for Local government corporation

$2,350,500

Local government corporation was initially approved for PPP Loan of amount $2,350,500, the current approved amount is $2,350,500. The loan was approved on 04/08/2020 by The Heritage Bank & Trust reported 148 jobs and $2,350,500 was used to fund payroll.

Local government corporation is Existing or more than 2 years old

LOCAL GOVERNMENT CORPORATION

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LOCAL GOVERNMENT CORPORATION

Borrower Address

714 Armstrong Lane

Borrower City

COLUMBIA

Borrower State

TN

Borrower Zip

38401-6910

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2350500.00

Current Approval Amount

2350500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438282

Servicing Lender Name

Heritage Bank & Trust

Servicing Lender Address

217 S James Campbell Blvd

Servicing Lender City

COLUMBIA

Servicing Lender State

TN

Servicing Lender Zip

38401-4325

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

MAURY

Project State

TN

Project Zip

38401-6910

CD

TN-04

Jobs Reported

148

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2350500.00

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

438282

Originating Lender

Heritage Bank & Trust

Originating Lender City

COLUMBIA

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2377482.45

Forgiveness Date

06/11/2021

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