Date Approved
02/08/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
NEWWOOD FOODS LLC
Borrower Address
304 Graham St SW
Borrower City
Cullman
Borrower State
AL
Borrower Zip
35055-5238
Loan Status Date
08/07/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
120380.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Newk's Eatery
Servicing Lender Location Id
99098
Servicing Lender Name
DFCU Financial CU
Servicing Lender Address
400 Town Center Dr
Servicing Lender City
DEARBORN
Servicing Lender State
MI
Servicing Lender Zip
48126-2753
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
CULLMAN
Project State
Project Zip
CD
AL-04
Jobs Reported
24
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
123511
Originating Lender
First Citrus Bank
Originating Lender City
TAMPA
Originating Lender State
FL
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
120841.73
Forgiveness Date
07/08/2021