PPP Loan information for Alabama teen challenge

$149,573

Alabama teen challenge was initially approved for PPP Loan of amount $149,573, the current approved amount is $149,573. The loan was approved on 01/25/2021 by The Regions Bank reported 38 jobs and $149,573 was used to fund payroll.

Alabama teen challenge is Existing or more than 2 years old

ALABAMA TEEN CHALLENGE

Date Approved

01/25/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA TEEN CHALLENGE

Borrower Address

450 Drew Ave

Borrower City

Lincoln

Borrower State

AL

Borrower Zip

35096-5346

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149573.00

Current Approval Amount

149573.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln

Project County Name

TALLADEGA

Project State

AL

Project Zip

35096-5346

CD

AL-03

Jobs Reported

38

NAICS Code

624310

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149569.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

151015.46

Forgiveness Date

01/21/2022

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