PPP Loan information for Lowrance sound company inc

$55,100

Lowrance sound company inc was initially approved for PPP Loan of amount $55,100, the current approved amount is $55,100. The loan was approved on 04/06/2020 by The Security Bank and Trust Company reported 8 jobs and $55,100 was used to fund payroll.

Lowrance sound company inc is Existing or more than 2 years old

PPP Loan Search / TN / UNION CITY / Lowrance sound company inc

LOWRANCE SOUND COMPANY INC

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LOWRANCE SOUND COMPANY INC

Borrower Address

2132 NAILLING DR

Borrower City

UNION CITY

Borrower State

TN

Borrower Zip

38261-2006

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55100.00

Current Approval Amount

55100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66905

Servicing Lender Name

Security Bank and Trust Company

Servicing Lender Address

210 W Washington St

Servicing Lender City

PARIS

Servicing Lender State

TN

Servicing Lender Zip

38242-4013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

UNION CITY

Project County Name

OBION

Project State

TN

Project Zip

38261-2006

CD

TN-08

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55100.00

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

Corporation

Originating Lender Location Id

66905

Originating Lender

Security Bank and Trust Company

Originating Lender City

PARIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55478.05

Forgiveness Date

12/17/2020

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