PPP Loan information for Alabama specialty products inc

$1,969,970

Alabama specialty products inc was initially approved for PPP Loan of amount $1,969,970, the current approved amount is $1,969,970. The loan was approved on 01/20/2021 by The United Community Bank reported 185 jobs and $1,969,970 was used to fund payroll.

Alabama specialty products inc is Existing or more than 2 years old

ALABAMA SPECIALTY PRODUCTS INC

Date Approved

01/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ALABAMA SPECIALTY PRODUCTS INC

Borrower Address

152 Metal Samples Road

Borrower City

Munford

Borrower State

AL

Borrower Zip

36268

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1969970.00

Current Approval Amount

1969970.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Munford

Project County Name

TALLADEGA

Project State

AL

Project Zip

36268

CD

AL-03

Jobs Reported

185

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1969966.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1978615.98

Forgiveness Date

07/07/2021

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