Date Approved
04/13/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
48 BILTMORE AVENUE LLC
Borrower Address
48 BILTMORE AVE
Borrower City
ASHEVILLE
Borrower State
NC
Borrower Zip
28801-3625
Loan Status Date
01/20/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
417000.00
Current Approval Amount
359482.00
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
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
BUNCOMBE
Project State
Project Zip
CD
NC-11
Jobs Reported
64
NAICS Code
722511
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
Limited Liability Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
365523.29
Forgiveness Date
12/14/2021