PPP Loan information for Abrasion resistant alternatives inc.

$47,923

Abrasion resistant alternatives inc. was initially approved for PPP Loan of amount $47,923, the current approved amount is $47,923. The loan was approved on 03/26/2021 by The Community Bank of Mississippi reported 13 jobs and $47,923 was used to fund payroll.

Abrasion resistant alternatives inc. is Existing or more than 2 years old

PPP Loan Search / AL / Bessemer / Abrasion resistant alternatives inc.

ABRASION RESISTANT ALTERNATIVES INC.

Date Approved

03/26/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ABRASION RESISTANT ALTERNATIVES INC.

Borrower Address

425 5th Ave N

Borrower City

Bessemer

Borrower State

AL

Borrower Zip

35020-6192

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47922.50

Current Approval Amount

47922.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bessemer

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-6192

CD

AL-07

Jobs Reported

13

NAICS Code

213114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47922.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48150.95

Forgiveness Date

10/04/2021

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