Date Approved
04/06/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
BILLY REID, INC.
Borrower Address
114 N. Court Street
Borrower City
FLORENCE
Borrower State
AL
Borrower Zip
35630-4766
Loan Status Date
04/22/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1171868.98
Current Approval Amount
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
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LAUDERDALE
Project State
Project Zip
CD
AL-05
Jobs Reported
119
NAICS Code
448150
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
34868.98
Payroll Proceed
925000.00
Mortgage Interest Proceed
12000.00
Rent Proceed
200000.00
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
Unanswered
Veteran
Non Profit
Forgiveness Amount
1182513.46
Forgiveness Date
03/11/2021