Date Approved
02/27/2021
SBA Office Code
0464
Processing Method
PPS
Borrower Name
SOUTHERN SPAS LLC
Borrower Address
725 Johnnie Dodds Blvd
Borrower City
Mount Pleasant
Borrower State
SC
Borrower Zip
29464-3021
Loan Status Date
02/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
323300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
The Woodhouse Day Spa
Servicing Lender Location Id
518422
Servicing Lender Name
Beacon Community Bank
Servicing Lender Address
578 East Bay St, Ste D
Servicing Lender City
CHARLESTON
Servicing Lender State
Servicing Lender Zip
29403-6472
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
SC-01
Jobs Reported
46
NAICS Code
812990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
323294.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
326137.86
Forgiveness Date
01/18/2022