PPP Loan information for Abrasion resistant alternatives, inc.

$47,500

Abrasion resistant alternatives, inc. was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 04/29/2020 by The Community Bank of Mississippi reported 13 jobs and $47,500 was used to fund payroll.

Abrasion resistant alternatives, inc. is Unanswered

ABRASION RESISTANT ALTERNATIVES, INC.

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ABRASION RESISTANT ALTERNATIVES, INC.

Borrower Address

425 5TH AVE

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35020-6192

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

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

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-6192

CD

AL-07

Jobs Reported

13

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5823.00

Payroll Proceed

40260.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1417.00

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

47778.49

Forgiveness Date

12/08/2020

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