Date Approved
02/02/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
M & G INC DBA MIDLAND DRY CLEANERS
Borrower Address
205 N Calderwood St
Borrower City
Alcoa
Borrower State
TN
Borrower Zip
37701-2111
Loan Status Date
12/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
35675.00
Current Approval Amount
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
Servicing Lender Zip
38103-2723
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BLOUNT
Project State
Project Zip
CD
TN-02
Jobs Reported
9
NAICS Code
812320
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
35672.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
35940.58
Forgiveness Date
11/09/2021