PPP Loan information for Alabama washer and oven company

$242,048

Alabama washer and oven company was initially approved for PPP Loan of amount $242,048, the current approved amount is $242,048. The loan was approved on 03/12/2021 by The Truist Bank reported 26 jobs and $242,048 was used to fund payroll.

Alabama washer and oven company is Existing or more than 2 years old

ALABAMA WASHER AND OVEN COMPANY

Date Approved

03/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ALABAMA WASHER AND OVEN COMPANY

Borrower Address

13670 County Road 42

Borrower City

Jemison

Borrower State

AL

Borrower Zip

35085-4733

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242047.50

Current Approval Amount

242047.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jemison

Project County Name

CHILTON

Project State

AL

Project Zip

35085-4733

CD

AL-06

Jobs Reported

26

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242047.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

245402.55

Forgiveness Date

08/01/2022

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