PPP Loan information for The grease rack llc

$39,410

The grease rack llc was initially approved for PPP Loan of amount $39,410, the current approved amount is $39,410. The loan was approved on 05/18/2021 by The Tennessee State Bank reported 12 jobs and $39,410 was used to fund payroll.

The grease rack llc is Existing or more than 2 years old

THE GREASE RACK LLC

Date Approved

05/18/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

THE GREASE RACK LLC

Borrower Address

555 Morrell Springs Rd

Borrower City

Newport

Borrower State

TN

Borrower Zip

37821-8866

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39410.24

Current Approval Amount

39410.24

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67003

Servicing Lender Name

Tennessee State Bank

Servicing Lender Address

2210 Parkway

Servicing Lender City

Pigeon Forge

Servicing Lender State

TN

Servicing Lender Zip

37868

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

COCKE

Project State

TN

Project Zip

37821-8866

CD

TN-01

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39406.24

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

Limited Liability Company(LLC)

Originating Lender Location Id

67003

Originating Lender

Tennessee State Bank

Originating Lender City

Pigeon Forge

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39563.50

Forgiveness Date

10/12/2021

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