Date Approved
05/18/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
MICHAEL HOFFARTH
Borrower Address
1265 Chestnut Dr
Borrower City
Christiansburg
Borrower State
VA
Borrower Zip
24073-2407
Loan Status Date
01/20/2022
Loan Status
Charged Off
Term
2
SBA Guaranty Percentage
100
Initial Approval Amount
8000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
445435
Servicing Lender Name
Carter Bank & Trust
Servicing Lender Address
1300 Kings Mountain Rd
Servicing Lender City
MARTINSVILLE
Servicing Lender State
Servicing Lender Zip
24112-7268
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
New Business or 2 years or less
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
VA-09
Jobs Reported
1
NAICS Code
238350
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
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
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date