Date Approved
03/03/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
SALISBURY NEWSMEDIA LLC
Borrower Address
131 W Innes St
Borrower City
Salisbury
Borrower State
NC
Borrower Zip
28144-4338
Loan Status Date
Loan Status
Exemption 4
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
399311.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
445288
Servicing Lender Name
SmartBank
Servicing Lender Address
2430 Teaster Ln, Ste 205
Servicing Lender City
PIGEON FORGE
Servicing Lender State
TN
Servicing Lender Zip
37863-5274
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ROWAN
Project State
Project Zip
CD
NC-08
Jobs Reported
58
NAICS Code
511110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
399306.00
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
Veteran
Non Profit
Forgiveness Amount
225018.67
Forgiveness Date
07/13/2022