PPP Loan information for Allen food marts inc

$307,275

Allen food marts inc was initially approved for PPP Loan of amount $307,275, the current approved amount is $307,275. The loan was approved on 04/12/2020 by The Valley National Bank reported 55 jobs and $307,275 was used to fund payroll.

Allen food marts inc is Existing or more than 2 years old

PPP Loan Search / AL / SYLACAUGA / Allen food marts inc

ALLEN FOOD MARTS INC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALLEN FOOD MARTS INC

Borrower Address

1251 OLD BIRMINGHAM HWY

Borrower City

SYLACAUGA

Borrower State

AL

Borrower Zip

35150-1886

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307275.00

Current Approval Amount

307275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SYLACAUGA

Project County Name

TALLADEGA

Project State

AL

Project Zip

35150-1886

CD

AL-03

Jobs Reported

55

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307275.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

311235.43

Forgiveness Date

07/29/2021

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