PPP Loan information for Budget muffler & brakes inc.

$18,600

Budget muffler & brakes inc. was initially approved for PPP Loan of amount $18,600, the current approved amount is $18,600. The loan was approved on 04/29/2020 by The River Bank & Trust reported 3 jobs and $18,600 was used to fund payroll.

Budget muffler & brakes inc. is Existing or more than 2 years old

PPP Loan Search / AL / VERBENA / Budget muffler & brakes inc.

BUDGET MUFFLER & BRAKES INC.

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BUDGET MUFFLER & BRAKES INC.

Borrower Address

5720 COUNTY ROAD 59

Borrower City

VERBENA

Borrower State

AL

Borrower Zip

36091-2986

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18600.00

Current Approval Amount

18600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERBENA

Project County Name

CHILTON

Project State

AL

Project Zip

36091-2986

CD

AL-06

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1860.00

Payroll Proceed

16740.00

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

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18818.55

Forgiveness Date

06/29/2021

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