PPP Loan information for Banks drugs inc

$38,997

Banks drugs inc was initially approved for PPP Loan of amount $38,997, the current approved amount is $38,997. The loan was approved on 04/07/2020 by The Security Federal Bank reported 5 jobs and $38,997 was used to fund payroll.

Banks drugs inc is Existing or more than 2 years old

BANKS DRUGS INC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

BANKS DRUGS INC

Borrower Address

630 E MAIN ST

Borrower City

RIDGE SPRING

Borrower State

SC

Borrower Zip

29129-9139

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38997.00

Current Approval Amount

38997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88630

Servicing Lender Name

Security Federal Bank

Servicing Lender Address

238 Richland Ave NW

Servicing Lender City

AIKEN

Servicing Lender State

SC

Servicing Lender Zip

29801-3866

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RIDGE SPRING

Project County Name

SALUDA

Project State

SC

Project Zip

29129-9139

CD

SC-03

Jobs Reported

5

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38997.00

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

88630

Originating Lender

Security Federal Bank

Originating Lender City

AIKEN

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39282.98

Forgiveness Date

01/07/2021

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