Date Approved
01/16/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
OM NEWPORT LLC
Borrower Address
1020 Cosby Hwy
Borrower City
Newport
Borrower State
TN
Borrower Zip
37821-7321
Loan Status Date
09/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
49500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Hampton Inn
Servicing Lender Location Id
111724
Servicing Lender Name
Bank of Cleveland
Servicing Lender Address
75 Bobby Taylor Ave
Servicing Lender City
Cleveland
Servicing Lender State
Servicing Lender Zip
37311
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COCKE
Project State
Project Zip
CD
TN-01
Jobs Reported
16
NAICS Code
721110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
49497.00
Mortgage Interest Proceed
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
49802.50
Forgiveness Date
08/31/2021