Date Approved
04/13/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
FARRIS WHOLESALE OUTLET, INC
Borrower Address
170 Carolyn Road
Borrower City
MUSCLE SHOALS
Borrower State
AL
Borrower Zip
35661-4510
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
208916.05
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
3228
Servicing Lender Name
CB&S Bank
Servicing Lender Address
200 Jackson Ave South
Servicing Lender City
RUSSELLVILLE
Servicing Lender State
Servicing Lender Zip
35653-2234
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COLBERT
Project State
Project Zip
CD
AL-04
Jobs Reported
20
NAICS Code
423990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
3845.00
Payroll Proceed
156687.05
Mortgage Interest Proceed
6000.00
Rent Proceed
42384.00
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
Male Owned
Veteran
Non Profit
Forgiveness Amount
211341.80
Forgiveness Date
06/15/2021