Date Approved
03/16/2021
SBA Office Code
0474
Processing Method
PPP
Borrower Name
MICHAEL BORING
Borrower Address
2815 Old State Highway 28
Borrower City
Dunlap
Borrower State
TN
Borrower Zip
37327-8827
Loan Status Date
01/10/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
25107.00
Current Approval Amount
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
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
Project County Name
BLEDSOE
Project State
Project Zip
CD
TN-04
Jobs Reported
2
NAICS Code
113210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
25105.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
25203.99
Forgiveness Date
08/09/2021