Date Approved
04/13/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
APPLAUSE FINE ARTS SCHOOL, INC.
Borrower Address
600 N. NASHVILLE AVE
Borrower City
SHEFFIELD
Borrower State
AL
Borrower Zip
35660-2920
Loan Status Date
12/24/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
7961.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
112619
Servicing Lender Name
First Metro Bank
Servicing Lender Address
406 W Avalon Ave
Servicing Lender City
MUSCLE SHOALS
Servicing Lender State
Servicing Lender Zip
35661-2808
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COLBERT
Project State
Project Zip
CD
AL-04
Jobs Reported
1
NAICS Code
611699
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
796.10
Payroll Proceed
5970.75
Mortgage Interest Proceed
1194.15
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
8008.99
Forgiveness Date
11/23/2020