5 GEN, LLC (TN) - 2020 PPP Loan Borrower Profile (# 7109727102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5 GEN, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Tennessee.

Loan Detail

Loan Number

7109727102

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$42,290.75

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$42,596.63

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,458

Payroll Proced

33,832.75

Rent Proceed

6,000

Lender

Mountain Valley Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

445110

Borrower Location

Monteagle, TN

Project Location

Monteagle, TN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.