Date Approved
01/22/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
THE RALEIGH TIMES BAR LLC
Borrower Address
133 Fayetteville St Fl 6
Borrower City
Raleigh
Borrower State
NC
Borrower Zip
27601-1356
Loan Status Date
06/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
783200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123548
Servicing Lender Name
TowneBank
Servicing Lender Address
5716 High St West
Servicing Lender City
PORTSMOUTH
Servicing Lender State
VA
Servicing Lender Zip
23703-4502
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAKE
Project State
Project Zip
CD
NC-13
Jobs Reported
50
NAICS Code
722511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
783194.00
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
793664.42
Forgiveness Date
05/26/2022