PPP Loan information for Buy fast stores, llc

$270,000

Buy fast stores, llc was initially approved for PPP Loan of amount $270,000, the current approved amount is $270,000. The loan was approved on 04/09/2020 by The Bank of Lincoln County reported 71 jobs and $270,000 was used to fund payroll.

Buy fast stores, llc is Existing or more than 2 years old

BUY FAST STORES, LLC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BUY FAST STORES, LLC

Borrower Address

105 ALGERIA ST

Borrower City

FAYETTEVILLE

Borrower State

TN

Borrower Zip

37334-3401

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270000.00

Current Approval Amount

270000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

263677

Servicing Lender Name

Bank of Lincoln County

Servicing Lender Address

307 E College St

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

TN

Servicing Lender Zip

37334-3005

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

LINCOLN

Project State

TN

Project Zip

37334-3401

CD

TN-04

Jobs Reported

71

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24000.00

Payroll Proceed

216000.00

Mortgage Interest Proceed

30000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

263677

Originating Lender

Bank of Lincoln County

Originating Lender City

FAYETTEVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

271530.00

Forgiveness Date

11/05/2020

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