PPP Loan information for Musgrave pencil company

$544,480

Musgrave pencil company was initially approved for PPP Loan of amount $544,480, the current approved amount is $544,480. The loan was approved on 01/21/2021 by The First Community Bank of Tennessee reported 87 jobs and $544,480 was used to fund payroll.

Musgrave pencil company is Existing or more than 2 years old

MUSGRAVE PENCIL COMPANY

Date Approved

01/21/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MUSGRAVE PENCIL COMPANY

Borrower Address

701 W Lane St

Borrower City

Shelbyville

Borrower State

TN

Borrower Zip

37160-3116

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

544480.00

Current Approval Amount

544480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112399

Servicing Lender Name

First Community Bank of Tennessee

Servicing Lender Address

207 Elm St

Servicing Lender City

SHELBYVILLE

Servicing Lender State

TN

Servicing Lender Zip

37160-2813

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelbyville

Project County Name

BEDFORD

Project State

TN

Project Zip

37160-3116

CD

TN-04

Jobs Reported

87

NAICS Code

339940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

544480.00

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

112399

Originating Lender

First Community Bank of Tennessee

Originating Lender City

SHELBYVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

547232.65

Forgiveness Date

07/30/2021

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