Date Approved
04/11/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
SMITH & ALLEN, LLC
Borrower Address
337 W Ward Street
Borrower City
Asheboro
Borrower State
NC
Borrower Zip
27203-5425
Loan Status Date
05/23/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
21104.79
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73229
Servicing Lender Name
Movement Bank
Servicing Lender Address
201 N Union St
Servicing Lender City
DANVILLE
Servicing Lender State
VA
Servicing Lender Zip
24541-1029
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RANDOLPH
Project State
Project Zip
CD
NC-09
Jobs Reported
2
NAICS Code
236220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
18095.79
Mortgage Interest Proceed
Rent Proceed
3009.00
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-Veteran
Non Profit
Forgiveness Amount
17197.92
Forgiveness Date
10/30/2020