PPP Loan information for Advanced forklift sales and service

$39,500

Advanced forklift sales and service was initially approved for PPP Loan of amount $39,500, the current approved amount is $39,500. The loan was approved on 04/30/2020 by The Regions Bank reported 3 jobs and $39,500 was used to fund payroll.

Advanced forklift sales and service is Existing or more than 2 years old

ADVANCED FORKLIFT SALES AND SERVICE

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ADVANCED FORKLIFT SALES AND SERVICE

Borrower Address

2418 Morgan Road

Borrower City

Bessemer

Borrower State

AL

Borrower Zip

35022

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39500.00

Current Approval Amount

39500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bessemer

Project County Name

JEFFERSON

Project State

AL

Project Zip

35022-0001

CD

AL-07

Jobs Reported

3

NAICS Code

811310

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39806.26

Forgiveness Date

02/16/2021

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