Date Approved
01/31/2021
SBA Office Code
0464
Processing Method
PPS
Borrower Name
WADES RESTAURANT INC
Borrower Address
964 S Pine St
Borrower City
Spartanburg
Borrower State
SC
Borrower Zip
29302-3311
Loan Status Date
10/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1002383.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
57912
Servicing Lender Name
The Park National Bank
Servicing Lender Address
50 N Third St
Servicing Lender City
NEWARK
Servicing Lender State
OH
Servicing Lender Zip
43055-5523
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SPARTANBURG
Project State
Project Zip
CD
SC-04
Jobs Reported
116
NAICS Code
722511
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
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1008397.30
Forgiveness Date
09/10/2021