Date Approved
04/14/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
FARRIS OF MORRISTOWN LLC
Borrower Address
910 WEST MORRIS BLVD
Borrower City
MORRISTOWN
Borrower State
TN
Borrower Zip
37813-2025
Loan Status Date
12/16/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
275900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67045
Servicing Lender Name
Commercial Bank
Servicing Lender Address
6710 Cumberland Gap Pkwy
Servicing Lender City
HARROGATE
Servicing Lender State
Servicing Lender Zip
37752-8013
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
HAMBLEN
Project State
Project Zip
CD
TN-01
Jobs Reported
34
NAICS Code
441110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
4073.00
Payroll Proceed
238658.00
Mortgage Interest Proceed
Rent Proceed
15000.00
Refinance EIDL Proceed
Health Care Proceed
896.00
Debt Interest Proceed
17273
Business Type
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
277547.74
Forgiveness Date
11/19/2020