Date Approved
04/01/2021
SBA Office Code
0304
Processing Method
PPS
Borrower Name
SPENCER & TAYLOR PLC
Borrower Address
401 Lime Kiln Rd
Borrower City
Lexington
Borrower State
VA
Borrower Zip
24450-1725
Loan Status Date
10/19/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
108000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LEXINGTON CITY
Project State
Project Zip
CD
VA-06
Jobs Reported
5
NAICS Code
541110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
107998.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
108495.00
Forgiveness Date
09/15/2021