Date Approved
04/07/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
HOMETOWN FOLKS LLC
Borrower Address
3093 BROAD ST
Borrower City
CHATTANOOGA
Borrower State
TN
Borrower Zip
37408-3056
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2380697.00
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
Servicing Lender Zip
38103-2723
Rural Urban Indicator
U
Hubzone Indicator
Y
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
500
NAICS Code
722513
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
126139.00
Payroll Proceed
1852558.00
Mortgage Interest Proceed
Rent Proceed
350000.00
Refinance EIDL Proceed
Health Care Proceed
52000.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
2408008.89
Forgiveness Date
06/11/2021