PPP Loan information for Newport bargain barn

$59,900

Newport bargain barn was initially approved for PPP Loan of amount $59,900, the current approved amount is $59,900. The loan was approved on 04/16/2020 by The Commercial Bank reported 10 jobs and $59,900 was used to fund payroll.

Newport bargain barn is Existing or more than 2 years old

NEWPORT BARGAIN BARN

Date Approved

04/16/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

NEWPORT BARGAIN BARN

Borrower Address

296 HIGHWAY 25 E

Borrower City

NEWPORT

Borrower State

TN

Borrower Zip

37821-8158

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59900.00

Current Approval Amount

59900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

COCKE

Project State

TN

Project Zip

37821-8158

CD

TN-01

Jobs Reported

10

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59900.00

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

Sole Proprietorship

Originating Lender Location Id

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60578.87

Forgiveness Date

06/03/2021

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