Date Approved
04/09/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
BROS. MANAGEMENT INC.
Borrower Address
2501 Magnolia Ave.
Borrower City
KNOXVILLE
Borrower State
TN
Borrower Zip
37914-5311
Loan Status Date
04/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1706600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
McDonalds
Servicing Lender Location Id
67422
Servicing Lender Name
First Horizon Bank
Servicing Lender Address
165 Madison Ave
Servicing Lender City
MEMPHIS
Servicing Lender State
Servicing Lender Zip
38103-2723
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KNOX
Project State
Project Zip
CD
TN-02
Jobs Reported
414
NAICS Code
722513
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
76600.00
Payroll Proceed
1350000.00
Mortgage Interest Proceed
Rent Proceed
280000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1720726.86
Forgiveness Date
02/19/2021