PPP Loan information for Praters incorporated

$520,400

Praters incorporated was initially approved for PPP Loan of amount $520,400, the current approved amount is $520,400. The loan was approved on 04/11/2020 by The SmartBank reported 56 jobs and $520,400 was used to fund payroll.

Praters incorporated is Existing or more than 2 years old

PPP Loan Search / TN / CHATTANOOGA / Praters incorporated

PRATERS INCORPORATED

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PRATERS INCORPORATED

Borrower Address

2712 8TH AVE

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37407-3616

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520400.00

Current Approval Amount

520400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37407-3616

CD

TN-03

Jobs Reported

56

NAICS Code

238330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

520400.00

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

526240.04

Forgiveness Date

05/25/2021

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