PPP Loan information for Burn the boats inc

$48,799

Burn the boats inc was initially approved for PPP Loan of amount $48,799, the current approved amount is $48,799. The loan was approved on 02/06/2021 by The SmartBank reported 9 jobs and $48,799 was used to fund payroll.

Burn the boats inc is Existing or more than 2 years old

BURN THE BOATS INC

Date Approved

02/06/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

BURN THE BOATS INC

Borrower Address

80 Plantation Pointe

Borrower City

Fairhope

Borrower State

AL

Borrower Zip

36532-2962

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48798.71

Current Approval Amount

48798.71

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairhope

Project County Name

BALDWIN

Project State

AL

Project Zip

36532-2962

CD

AL-01

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48793.71

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49182.32

Forgiveness Date

11/22/2021

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