PPP Loan information for Sugar cane inc

$65,533

Sugar cane inc was initially approved for PPP Loan of amount $65,533, the current approved amount is $65,533. The loan was approved on 04/13/2020 by The Mountain Commerce Bank reported 20 jobs and $65,533 was used to fund payroll.

Sugar cane inc is New Business or 2 years or less

PPP Loan Search / TN / JOHNSON CITY / Sugar cane inc

SUGAR CANE INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SUGAR CANE INC

Borrower Address

112 SUNSET DR SUITE 2

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37604-2501

Loan Status Date

06/02/2020

Loan Status

Charged Off

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

65532.50

Current Approval Amount

65532.50

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37604-2501

CD

TN-01

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4095.78

Payroll Proceed

49149.38

Mortgage Interest Proceed

0.00

Rent Proceed

12287.34

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

18062.37

Forgiveness Date

07/27/2021

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