5 Gen, LLC

$42,291 PPP Loan in Monteagle, Tennessee

Loan Details

Loan Number
7109727102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$42,291
Current Approval
$42,291
Forgiveness Amount
$42,597
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
5 Gen, LLC
Address
10 W Main Street P.o. Box 232
ZIP Code
37356
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TN-04

Loan Use Breakdown

Payroll
$33,833
Rent
$6,000
Utilities
$2,458

Lender Information

Servicing Lender
Mountain Valley Bank
Originating Lender
Mountain Valley Bank

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