PPP Loan information for Michael raines

$5,587

Michael raines was initially approved for PPP Loan of amount $5,587, the current approved amount is $5,587. The loan was approved on 03/27/2021 by The Regions Bank reported 1 jobs and $5,587 was used to fund payroll.

Michael raines is Existing or more than 2 years old

MICHAEL RAINES

Date Approved

03/27/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MICHAEL RAINES

Borrower Address

391 Frontier Rd

Borrower City

Altamont

Borrower State

TN

Borrower Zip

37301-4261

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5587.00

Current Approval Amount

5587.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Altamont

Project County Name

GRUNDY

Project State

TN

Project Zip

37301-4261

CD

TN-04

Jobs Reported

1

NAICS Code

111219

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

5584.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5621.90

Forgiveness Date

11/16/2021

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