Date Approved
05/23/2021
SBA Office Code
0459
Processing Method
PPP
Borrower Name
TERRANCE LOVELACE
Borrower Address
404 Creekview Village Pl
Borrower City
Florence
Borrower State
AL
Borrower Zip
35633-1661
Loan Status Date
06/12/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
16562.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
19680
Servicing Lender Name
Carver State Bank
Servicing Lender Address
701 Martin Luther King, Jr Blvd
Servicing Lender City
SAVANNAH
Servicing Lender State
GA
Servicing Lender Zip
31401-5507
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LAUDERDALE
Project State
Project Zip
CD
AL-05
Jobs Reported
1
NAICS Code
561730
Race
Black or African American
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
16560.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
16625.53
Forgiveness Date
10/13/2021