PPP Loan information for Alabama educational foundatio

$943,900

Alabama educational foundatio was initially approved for PPP Loan of amount $943,900, the current approved amount is $943,900. The loan was approved on 03/13/2021 by The Regions Bank reported 61 jobs and $943,900 was used to fund payroll.

Alabama educational foundatio is Existing or more than 2 years old

ALABAMA EDUCATIONAL FOUNDATIO

Date Approved

03/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ALABAMA EDUCATIONAL FOUNDATIO

Borrower Address

190 Woodward Dr

Borrower City

Indian Springs

Borrower State

AL

Borrower Zip

35124-3272

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

943900.00

Current Approval Amount

943900.00

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

Indian Springs

Project County Name

SHELBY

Project State

AL

Project Zip

35124-3272

CD

AL-06

Jobs Reported

61

NAICS Code

611110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

943898.00

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

Non-Profit Organization

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

951632.22

Forgiveness Date

01/11/2022

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