Date Approved
03/13/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
MICHAEL DORAN
Borrower Address
225 N Main St Ste 308 225 N Main St Ste 308
Borrower City
Salisbury
Borrower State
NC
Borrower Zip
28144-4364
Loan Status Date
Loan Status
Exemption 4
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
26083.32
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
50827
Servicing Lender Name
Farmers & Merchants Bank
Servicing Lender Address
138 N Salisbury Ave
Servicing Lender City
GRANITE QUARRY
Servicing Lender State
Servicing Lender Zip
28146
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ROWAN
Project State
Project Zip
CD
NC-08
Jobs Reported
2
NAICS Code
541110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
26081.32
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
24088.38
Forgiveness Date
04/26/2022