PPP Loan information for Advanced forklift sales and service

$69,537

Advanced forklift sales and service was initially approved for PPP Loan of amount $69,537, the current approved amount is $69,537. The loan was approved on 03/02/2021 by The Regions Bank reported 7 jobs and $69,537 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

03/02/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ADVANCED FORKLIFT SALES AND SERVICE

Borrower Address

2418 Morgan Rd

Borrower City

Bessemer

Borrower State

AL

Borrower Zip

35022-5035

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69537.00

Current Approval Amount

69537.00

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

35022-5035

CD

AL-06

Jobs Reported

7

NAICS Code

811310

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

69531.00

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

70089.49

Forgiveness Date

12/21/2021

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