PPP Loan information for Richard banks & associates, pc

$111,200

Richard banks & associates, pc was initially approved for PPP Loan of amount $111,200, the current approved amount is $111,200. The loan was approved on 04/05/2020 by The Bank of Cleveland reported 16 jobs and $111,200 was used to fund payroll.

Richard banks & associates, pc is Existing or more than 2 years old

RICHARD BANKS & ASSOCIATES, PC

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RICHARD BANKS & ASSOCIATES, PC

Borrower Address

393 BROAD ST NW

Borrower City

CLEVELAND

Borrower State

TN

Borrower Zip

37311-5039

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111200.00

Current Approval Amount

111200.00

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

Cleveland

Servicing Lender State

TN

Servicing Lender Zip

37311

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

BRADLEY

Project State

TN

Project Zip

37311-5039

CD

TN-04

Jobs Reported

16

NAICS Code

541110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

111200.00

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

Corporation

Originating Lender Location Id

111724

Originating Lender

Bank of Cleveland

Originating Lender City

Cleveland

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

112086.51

Forgiveness Date

01/25/2021

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