PPP Loan information for Batey & sanders

$235,500

Batey & sanders was initially approved for PPP Loan of amount $235,500, the current approved amount is $235,500. The loan was approved on 04/07/2020 by The Peoples Bank of Alabama reported 14 jobs and $235,500 was used to fund payroll.

Batey & sanders is Existing or more than 2 years old

BATEY & SANDERS

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

235500.00

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

RAINBOW CITY

Project County Name

ETOWAH

Project State

AL

Project Zip

35906-6007

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

0.00

Health Care Proceed

0.00

Debt Interest Proceed

43000

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

236847.58

Forgiveness Date

11/03/2020

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