Date Approved
04/05/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
PHASED N RESEARCH INC
Borrower Address
470 PROVIDENCE MAIN ST
Borrower City
HUNTSVILLE
Borrower State
AL
Borrower Zip
35806-4840
Loan Status Date
11/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
268000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
434138
Servicing Lender Name
ServisFirst Bank
Servicing Lender Address
2500 Woodcrest Place
Servicing Lender City
BIRMINGHAM
Servicing Lender State
Servicing Lender Zip
35209-1374
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
New Business or 2 years or less
Project City
Project County Name
MADISON
Project State
Project Zip
CD
AL-05
Jobs Reported
18
NAICS Code
541330
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
250000.00
Mortgage Interest Proceed
Rent Proceed
16000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
2000
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
269570.78
Forgiveness Date
11/12/2020