Lynn Ray State Farm

$29,485 PPP Loan in La Follette, Tennessee

Loan Details

Loan Number
8917597201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$29,485
Current Approval
$29,485
Forgiveness Amount
$29,693
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lynn Ray State Farm
Address
240 West Central Ave
ZIP Code
37766-3523
Business Type
Sole Proprietorship
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TN-03

Loan Use Breakdown

Payroll
$26,485
Rent
$1,000
Utilities
$1,000
Mortgage Interest
$500
Debt Interest
$500

Lender Information

Servicing Lender
United Cumberland Bank
Originating Lender
United Cumberland Bank

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