PPP Loan information for Alabama music of the shoals inc.

$43,927

Alabama music of the shoals inc. was initially approved for PPP Loan of amount $43,927, the current approved amount is $43,927. The loan was approved on 01/29/2021 by The Regions Bank reported 5 jobs and $43,927 was used to fund payroll.

Alabama music of the shoals inc. is Existing or more than 2 years old

ALABAMA MUSIC OF THE SHOALS INC.

Date Approved

01/29/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ALABAMA MUSIC OF THE SHOALS INC.

Borrower Address

2450 Mall Rd

Borrower City

Florence

Borrower State

AL

Borrower Zip

35630-2869

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43927.00

Current Approval Amount

43927.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-2869

CD

AL-05

Jobs Reported

5

NAICS Code

451140

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43925.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44087.06

Forgiveness Date

07/12/2021

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