PPP Loan information for Relax logistics llc

$45,319

Relax logistics llc was initially approved for PPP Loan of amount $45,319, the current approved amount is $45,319. The loan was approved on 04/08/2020 by The Mountain Commerce Bank reported 4 jobs and $45,319 was used to fund payroll.

Relax logistics llc is New Business or 2 years or less

RELAX LOGISTICS LLC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RELAX LOGISTICS LLC

Borrower Address

506 TWIN OAKS DR

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37601-7610

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45319.16

Current Approval Amount

45319.16

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37601-7610

CD

TN-01

Jobs Reported

4

NAICS Code

484121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2832.45

Payroll Proceed

33989.37

Mortgage Interest Proceed

0.00

Rent Proceed

8497.34

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45623.81

Forgiveness Date

12/09/2020

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