PPP Loan information for Alabama railcar services inc

$196,000

Alabama railcar services inc was initially approved for PPP Loan of amount $196,000, the current approved amount is $196,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 18 jobs and $196,000 was used to fund payroll.

Alabama railcar services inc is Existing or more than 2 years old

ALABAMA RAILCAR SERVICES INC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA RAILCAR SERVICES INC

Borrower Address

1796 JODIE PARKER RD

Borrower City

OZARK

Borrower State

AL

Borrower Zip

36360-8584

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196000.00

Current Approval Amount

196000.00

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

OZARK

Project County Name

DALE

Project State

AL

Project Zip

36360-8584

CD

AL-02

Jobs Reported

18

NAICS Code

488210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9900.00

Payroll Proceed

153700.00

Mortgage Interest Proceed

1700.00

Rent Proceed

30700.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

187090.17

Forgiveness Date

11/12/2020

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