Date Approved
01/26/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
FORMOSA RESTAURANT INC
Borrower Address
5425 Highway 153
Borrower City
Hixson
Borrower State
TN
Borrower Zip
37343-6700
Loan Status Date
10/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
82698.35
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67085
Servicing Lender Name
Builtwell Bank
Servicing Lender Address
728 Broad St
Servicing Lender City
CHATTANOOGA
Servicing Lender State
Servicing Lender Zip
37402-1801
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HAMILTON
Project State
Project Zip
CD
TN-03
Jobs Reported
13
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
82695.35
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
83180.76
Forgiveness Date
08/27/2021