PPP Loan information for Alabama plate cutting co, inc

$874,232

Alabama plate cutting co, inc was initially approved for PPP Loan of amount $919,870, the current approved amount is $874,232. The loan was approved on 04/08/2020 by The United Community Bank reported 92 jobs and $874,232 was used to fund payroll.

Alabama plate cutting co, inc is Existing or more than 2 years old

ALABAMA PLATE CUTTING CO, INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA PLATE CUTTING CO, INC

Borrower Address

1701 Highway 31 S

Borrower City

SAGINAW

Borrower State

AL

Borrower Zip

35137-0128

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

919869.55

Current Approval Amount

874232.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SHELBY

Project State

AL

Project Zip

35137-0128

CD

AL-06

Jobs Reported

92

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37418.05

Payroll Proceed

752354.05

Mortgage Interest Proceed

0.00

Rent Proceed

84460.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

880764.56

Forgiveness Date

01/12/2021

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