Date Approved
01/25/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
PALATEC MFG. INC
Borrower Address
2998 Huntsville Hwy
Borrower City
Fayetteville
Borrower State
TN
Borrower Zip
37334-6692
Loan Status Date
08/24/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
218817.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
263677
Servicing Lender Name
Bank of Lincoln County
Servicing Lender Address
307 E College St
Servicing Lender City
FAYETTEVILLE
Servicing Lender State
Servicing Lender Zip
37334-3005
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LINCOLN
Project State
Project Zip
CD
TN-04
Jobs Reported
26
NAICS Code
321920
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
218811.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
219905.51
Forgiveness Date
07/27/2021