Date Approved
02/25/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
THE HUTCHENS COMPANY INC
Borrower Address
2508 Washington St NW
Borrower City
Huntsville
Borrower State
AL
Borrower Zip
35811-1646
Loan Status Date
04/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
251518.00
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
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MADISON
Project State
Project Zip
CD
AL-05
Jobs Reported
18
NAICS Code
238220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
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
254179.90
Forgiveness Date
03/15/2022