PPP Loan information for Mortgage investors group inc

$6,160,385

Mortgage investors group inc was initially approved for PPP Loan of amount $6,160,385, the current approved amount is $6,160,385. The loan was approved on 04/09/2020 by The First Horizon Bank reported 394 jobs and $6,160,385 was used to fund payroll.

Mortgage investors group inc is Existing or more than 2 years old

MORTGAGE INVESTORS GROUP INC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MORTGAGE INVESTORS GROUP INC

Borrower Address

8320 E WALKER SPRINGS LN

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37923-3101

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6160385.00

Current Approval Amount

6160385.00

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

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37923-3101

CD

TN-02

Jobs Reported

394

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13560.00

Payroll Proceed

5805050.00

Mortgage Interest Proceed

0.00

Rent Proceed

341775.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

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

6026806.06

Forgiveness Date

04/07/2022

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