PPP Loan information for Arc of fayette/lamar/marengo co

$729,040

Arc of fayette/lamar/marengo co was initially approved for PPP Loan of amount $729,040, the current approved amount is $729,040. The loan was approved on 04/30/2020 by The Regions Bank reported 213 jobs and $729,040 was used to fund payroll.

Arc of fayette/lamar/marengo co is Existing or more than 2 years old

ARC OF FAYETTE/LAMAR/MARENGO CO

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ARC OF FAYETTE/LAMAR/MARENGO CO

Borrower Address

1428 Temple Ave South

Borrower City

Fayette

Borrower State

AL

Borrower Zip

35555

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

729040.00

Current Approval Amount

729040.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fayette

Project County Name

FAYETTE

Project State

AL

Project Zip

35555-0001

CD

AL-04

Jobs Reported

213

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

729040.00

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

Non-Profit Organization

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

737229.22

Forgiveness Date

06/22/2021

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