Class Pay INC

$771,292 PPP Loan in Lavergne, Tennessee

Loan Details

Loan Number
4841797109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$771,292
Current Approval
$220,852
Forgiveness Amount
$222,413
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Class Pay INC
Address
1602 Jp Hennessey Dr
ZIP Code
37086-3523
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484210)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$7.7M
Rural/Urban
Urban
Congressional District
TN-04

Loan Use Breakdown

Payroll
$165,639
Utilities
$10,000
Mortgage Interest
$45,213

Lender Information

Servicing Lender
Volunteer State Bank
Originating Lender
Volunteer State Bank

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