Date Approved
03/20/2021
SBA Office Code
0549
Processing Method
PPS
Borrower Name
RICH & ASSOCIATES INC
Borrower Address
5432 Mayfield Rd Ste 204
Borrower City
Lyndhurst
Borrower State
OH
Borrower Zip
44124-2930
Loan Status Date
03/09/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
41275.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67422
Servicing Lender Name
First Horizon Bank
Servicing Lender Address
165 Madison Ave
Servicing Lender City
MEMPHIS
Servicing Lender State
TN
Servicing Lender Zip
38103-2723
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CUYAHOGA
Project State
Project Zip
CD
OH-11
Jobs Reported
3
NAICS Code
531311
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
41272.00
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-Veteran
Non Profit
Forgiveness Amount
41633.86
Forgiveness Date
02/08/2022