Date Approved
03/25/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
JERRY THORNTON
Borrower Address
120 Lafayette St
Borrower City
Hayneville
Borrower State
AL
Borrower Zip
36040-2069
Loan Status Date
04/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
31000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LOWNDES
Project State
Project Zip
CD
AL-07
Jobs Reported
2
NAICS Code
541110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
30995.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
39848
Originating Lender
Cadence Bank
Originating Lender City
TUPELO
Originating Lender State
MS
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
31304.05
Forgiveness Date
03/24/2022