Date Approved
04/05/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
DRAKE SAWMILL, LLC
Borrower Address
3100 US HIGHWAY 70
Borrower City
BROWNSVILLE
Borrower State
TN
Borrower Zip
38012-8404
Loan Status Date
01/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
130400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66917
Servicing Lender Name
Decatur County Bank
Servicing Lender Address
56 N Pleasant St
Servicing Lender City
DECATURVILLE
Servicing Lender State
Servicing Lender Zip
38329-4083
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HAYWOOD
Project State
Project Zip
CD
TN-08
Jobs Reported
15
NAICS Code
321113
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
20000.00
Payroll Proceed
103355.00
Mortgage Interest Proceed
7045.00
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
Non-Veteran
Non Profit
Forgiveness Amount
131171.53
Forgiveness Date
11/05/2020