PPP Loan information for Memphis city cartage, llc

$431,400

Memphis city cartage, llc was initially approved for PPP Loan of amount $431,400, the current approved amount is $431,400. The loan was approved on 04/15/2020 by The Merchants Bank of Indiana reported 35 jobs and $431,400 was used to fund payroll.

Memphis city cartage, llc is Existing or more than 2 years old

MEMPHIS CITY CARTAGE, LLC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MEMPHIS CITY CARTAGE, LLC

Borrower Address

3030 OLD HORN LAKE ROAD

Borrower City

COVINGTON

Borrower State

TN

Borrower Zip

38019

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431400.00

Current Approval Amount

431400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24315

Servicing Lender Name

Merchants Bank of Indiana

Servicing Lender Address

410 Monon Blvd

Servicing Lender City

CARMEL

Servicing Lender State

IN

Servicing Lender Zip

46032-6945

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

TIPTON

Project State

TN

Project Zip

38019-0001

CD

TN-08

Jobs Reported

35

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

431400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24315

Originating Lender

Merchants Bank of Indiana

Originating Lender City

CARMEL

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

434364.19

Forgiveness Date

02/04/2021

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