PPP Loan information for Michael lee stout jr

$20,833

Michael lee stout jr was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/03/2021 by The First Horizon Bank reported 1 jobs and $20,833 was used to fund payroll.

Michael lee stout jr is Existing or more than 2 years old

PPP Loan Search / NC / China Grove / Michael lee stout jr

MICHAEL LEE STOUT JR

Date Approved

04/03/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MICHAEL LEE STOUT JR

Borrower Address

553 Kirk St

Borrower City

China Grove

Borrower State

NC

Borrower Zip

28023-1929

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

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

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

China Grove

Project County Name

ROWAN

Project State

NC

Project Zip

28023-1929

CD

NC-08

Jobs Reported

1

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20832.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20963.78

Forgiveness Date

11/24/2021

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