Date Approved
04/14/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
DR. OSCAR SCRUGGS
Borrower Address
76 Cates Street
Borrower City
DUNLAP
Borrower State
TN
Borrower Zip
37327-3452
Loan Status Date
12/24/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
35532.00
Current Approval Amount
56365.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66942
Servicing Lender Name
Mountain Valley Bank
Servicing Lender Address
17114 Rankin Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
37327-7032
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Dunlap
Project County Name
SEQUATCHIE
Project State
Project Zip
37327-0001
CD
TN-04
Jobs Reported
4
NAICS Code
621210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2500.00
Payroll Proceed
53865.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
56743.34
Forgiveness Date
12/23/2020