Date Approved
04/07/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
BATEY & SANDERS
Borrower Address
61 Batey Drive
Borrower City
RAINBOW CITY
Borrower State
AL
Borrower Zip
35906-6007
Loan Status Date
11/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
235500.00
Current Approval Amount
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
Servicing Lender Zip
35055-5595
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ETOWAH
Project State
Project Zip
CD
AL-04
Jobs Reported
14
NAICS Code
454390
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3000.00
Payroll Proceed
180000.00
Mortgage Interest Proceed
3500.00
Rent Proceed
6000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
43000
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
236847.58
Forgiveness Date
11/03/2020