PPP Loan information for Adam smith dba blue ridge merchants

$20,227

Adam smith dba blue ridge merchants was initially approved for PPP Loan of amount $20,227, the current approved amount is $20,227. The loan was approved on 04/29/2020 by The First Horizon Bank reported 1 jobs and $20,227 was used to fund payroll.

Adam smith dba blue ridge merchants is New Business or 2 years or less

ADAM SMITH DBA BLUE RIDGE MERCHANTS

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADAM SMITH DBA BLUE RIDGE MERCHANTS

Borrower Address

302 LAFORET DRIVE

Borrower City

MORGANTON

Borrower State

NC

Borrower Zip

28655

Loan Status Date

06/19/2020

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

20227.00

Current Approval Amount

20227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MORGANTON

Project County Name

BURKE

Project State

NC

Project Zip

28655-0001

CD

NC-10

Jobs Reported

1

NAICS Code

523910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20227.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;