Mike's Food Valu

$51,306 PPP Loan in Red Boiling Springs, Tennessee

Loan Details

Loan Number
1544517106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$51,306
Current Approval
$51,306
Forgiveness Amount
$51,590
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike's Food Valu
Address
730 Lafayette Rd
ZIP Code
37150-2021
Business Type
Sole Proprietorship
Industry (NAICS)
Retail Trade (445110)
Business Age
New Business or 2 years or less
Jobs Reported
22
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
TN-06

Loan Use Breakdown

Payroll
$44,482
Rent
$2,000
Utilities
$4,824

Lender Information

Servicing Lender
Macon Bank and Trust Company
Originating Lender
Macon Bank and Trust Company

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