PPP Loan information for Arab cartage & express co inc.

$840,400

Arab cartage & express co inc. was initially approved for PPP Loan of amount $840,400, the current approved amount is $840,400. The loan was approved on 04/15/2020 by The Peoples Bank of Alabama reported 73 jobs and $840,400 was used to fund payroll.

Arab cartage & express co inc. is Existing or more than 2 years old

PPP Loan Search / AL / ARAB / Arab cartage & express co inc.

ARAB CARTAGE & EXPRESS CO INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ARAB CARTAGE & EXPRESS CO INC.

Borrower Address

1101 Nathan Road SW

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

840400.00

Current Approval Amount

840400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARAB

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-0001

CD

AL-04

Jobs Reported

73

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

840400.00

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

851068.41

Forgiveness Date

07/22/2021

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