PPP Loan information for Alabama motor express inc

$2,506,000

Alabama motor express inc was initially approved for PPP Loan of amount $2,506,000, the current approved amount is $2,506,000. The loan was approved on 04/08/2020 by The ServisFirst Bank reported 253 jobs and $2,506,000 was used to fund payroll.

Alabama motor express inc is Existing or more than 2 years old

PPP Loan Search / AL / ASHFORD / Alabama motor express inc

ALABAMA MOTOR EXPRESS INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA MOTOR EXPRESS INC

Borrower Address

10720 US HWY 84 EAST

Borrower City

ASHFORD

Borrower State

AL

Borrower Zip

36312-4497

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2506000.00

Current Approval Amount

2506000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHFORD

Project County Name

HOUSTON

Project State

AL

Project Zip

36312-4497

CD

AL-02

Jobs Reported

253

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

52140.00

Payroll Proceed

2390504.00

Mortgage Interest Proceed

63356.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2534192.50

Forgiveness Date

05/25/2021

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