PPP Loan information for Brown scrap materials inc.

$7,500

Brown scrap materials inc. was initially approved for PPP Loan of amount $7,500, the current approved amount is $7,500. The loan was approved on 04/14/2020 by The Peoples Bank of Alabama reported 1 jobs and $7,500 was used to fund payroll.

Brown scrap materials inc. is Existing or more than 2 years old

PPP Loan Search / AL / VALHERMOSO SPRINGS / Brown scrap materials inc.

BROWN SCRAP MATERIALS INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BROWN SCRAP MATERIALS INC.

Borrower Address

45 Hammonds Lane Private DR

Borrower City

VALHERMOSO SPRINGS

Borrower State

AL

Borrower Zip

35775

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7500.00

Current Approval Amount

7500.00

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

VALHERMOSO SPRINGS

Project County Name

MORGAN

Project State

AL

Project Zip

35775-0001

CD

AL-05

Jobs Reported

1

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7500.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

7535.83

Forgiveness Date

10/13/2020

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