PPP Loan information for Lamar hughes

$104,498

Lamar hughes was initially approved for PPP Loan of amount $104,498, the current approved amount is $104,498. The loan was approved on 03/31/2021 by The Mountain Valley Bank reported 22 jobs and $104,498 was used to fund payroll.

Lamar hughes is Existing or more than 2 years old

LAMAR HUGHES

Date Approved

03/31/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

LAMAR HUGHES

Borrower Address

1572 Hendon Rd

Borrower City

Soddy Daisy

Borrower State

TN

Borrower Zip

37379-2805

Loan Status Date

01/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

104497.50

Current Approval Amount

104497.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66942

Servicing Lender Name

Mountain Valley Bank

Servicing Lender Address

17114 Rankin Ave

Servicing Lender City

DUNLAP

Servicing Lender State

TN

Servicing Lender Zip

37327-7032

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Soddy Daisy

Project County Name

BLEDSOE

Project State

TN

Project Zip

37379-2805

CD

TN-04

Jobs Reported

22

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104497.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

66942

Originating Lender

Mountain Valley Bank

Originating Lender City

DUNLAP

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

105055.77

Forgiveness Date

10/26/2021

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