PPP Loan information for Watauga preservation

$48,023

Watauga preservation was initially approved for PPP Loan of amount $48,023, the current approved amount is $48,023. The loan was approved on 04/13/2020 by The Mountain Commerce Bank reported 20 jobs and $48,023 was used to fund payroll.

Watauga preservation is Existing or more than 2 years old

WATAUGA PRESERVATION

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WATAUGA PRESERVATION

Borrower Address

250 MOREY HYDER RD

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37601-6250

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48022.50

Current Approval Amount

48022.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOHNSON CITY

Project County Name

CARTER

Project State

TN

Project Zip

37601-6250

CD

TN-01

Jobs Reported

20

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48022.50

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

Sole Proprietorship

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

48406.68

Forgiveness Date

01/28/2021

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