Date Approved
04/09/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
HORACE L. FRADY
Borrower Address
1311 W Highway 25 70
Borrower City
Newport
Borrower State
TN
Borrower Zip
37821-9011
Loan Status Date
12/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
79900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67045
Servicing Lender Name
Commercial Bank
Servicing Lender Address
6710 Cumberland Gap Pkwy
Servicing Lender City
HARROGATE
Servicing Lender State
Servicing Lender Zip
37752-8013
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COCKE
Project State
Project Zip
CD
TN-01
Jobs Reported
14
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
79898.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
80381.62
Forgiveness Date
11/19/2021