PPP Loan information for United way

$620,400

United way was initially approved for PPP Loan of amount $620,400, the current approved amount is $620,400. The loan was approved on 04/14/2020 by The First Horizon Bank reported 44 jobs and $620,400 was used to fund payroll.

United way is New Business or 2 years or less

UNITED WAY

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

UNITED WAY

Borrower Address

630 MARKET ST

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37402-1205

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620400.00

Current Approval Amount

620400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37402-1205

CD

TN-03

Jobs Reported

44

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

600400.00

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

501(c)3 – Non Profit

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

629085.60

Forgiveness Date

09/20/2021

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