Date Approved
04/29/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
RLR & RAR PROPERTIES LLC
Borrower Address
798 W Center St
Borrower City
Kingsport
Borrower State
TN
Borrower Zip
37660-3163
Loan Status Date
10/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
12822.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123348
Servicing Lender Name
New Peoples Bank, Inc.
Servicing Lender Address
53 Commerce Dr
Servicing Lender City
HONAKER
Servicing Lender State
VA
Servicing Lender Zip
24260
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SULLIVAN
Project State
Project Zip
CD
TN-01
Jobs Reported
3
NAICS Code
445120
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
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
12869.01
Forgiveness Date
09/22/2021