Date Approved
02/26/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
RICHARD BANKS AND ASSOCIATES PC
Borrower Address
393 Broad St NW
Borrower City
Cleveland
Borrower State
TN
Borrower Zip
37311-5039
Loan Status Date
09/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
129900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
111724
Servicing Lender Name
Bank of Cleveland
Servicing Lender Address
75 Bobby Taylor Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
37311
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BRADLEY
Project State
Project Zip
CD
TN-04
Jobs Reported
15
NAICS Code
541110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
129898.00
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
Unanswered
Non Profit
Forgiveness Amount
130484.55
Forgiveness Date
08/11/2021