Date Approved
04/30/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
PATEL & SONS LLC
Borrower Address
3416 Highway 411
Borrower City
MADISONVILLE
Borrower State
TN
Borrower Zip
37354
Loan Status Date
07/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
12600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
4679
Servicing Lender Name
Simmons Bank
Servicing Lender Address
501 Main St
Servicing Lender City
PINE BLUFF
Servicing Lender State
AR
Servicing Lender Zip
71601-4327
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Unanswered
Project City
Project County Name
MONROE
Project State
Project Zip
37354-0001
CD
TN-03
Jobs Reported
4
NAICS Code
445110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
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
Non Profit
Forgiveness Amount
12738.95
Forgiveness Date
06/22/2021