PPP Loan information for North atlantic telecom inc

$115,100

North atlantic telecom inc was initially approved for PPP Loan of amount $130,100, the current approved amount is $115,100. The loan was approved on 04/03/2020 by The Planters Bank & Trust Company reported 10 jobs and $115,100 was used to fund payroll.

North atlantic telecom inc is Existing or more than 2 years old

NORTH ATLANTIC TELECOM INC

Date Approved

04/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

NORTH ATLANTIC TELECOM INC

Borrower Address

715 CHANEY CV

Borrower City

COLLIERVILLE

Borrower State

TN

Borrower Zip

38017-2932

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130100.00

Current Approval Amount

115100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLIERVILLE

Project County Name

SHELBY

Project State

TN

Project Zip

38017-2932

CD

TN-08

Jobs Reported

10

NAICS Code

517919

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115100.00

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

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115859.98

Forgiveness Date

12/08/2020

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