PPP Loan information for Steaks sophisticated inc

$701,700

Steaks sophisticated inc was initially approved for PPP Loan of amount $701,700, the current approved amount is $701,700. The loan was approved on 04/13/2020 by The Mountain Commerce Bank reported 91 jobs and $701,700 was used to fund payroll.

Steaks sophisticated inc is Existing or more than 2 years old

PPP Loan Search / TN / GATLINBURG / Steaks sophisticated inc

STEAKS SOPHISTICATED INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

STEAKS SOPHISTICATED INC

Borrower Address

1110 Parkway

Borrower City

GATLINBURG

Borrower State

TN

Borrower Zip

37738-3108

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

701700.00

Current Approval Amount

701700.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GATLINBURG

Project County Name

SEVIER

Project State

TN

Project Zip

37738-3108

CD

TN-01

Jobs Reported

91

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43856.00

Payroll Proceed

526275.00

Mortgage Interest Proceed

0.00

Rent Proceed

131569.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

705520.37

Forgiveness Date

11/03/2020

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