PPP Loan information for Buy-rite drugs, inc.

$249,000

Buy-rite drugs, inc. was initially approved for PPP Loan of amount $249,000, the current approved amount is $249,000. The loan was approved on 04/09/2020 by The Peoples Bank of Alabama reported 22 jobs and $249,000 was used to fund payroll.

Buy-rite drugs, inc. is Existing or more than 2 years old

BUY-RITE DRUGS, INC.

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BUY-RITE DRUGS, INC.

Borrower Address

401 Crosbie St NW

Borrower City

HARTSELLE

Borrower State

AL

Borrower Zip

35640

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249000.00

Current Approval Amount

249000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARTSELLE

Project County Name

MORGAN

Project State

AL

Project Zip

35640-0001

CD

AL-05

Jobs Reported

22

NAICS Code

446110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

249000.00

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

251344.75

Forgiveness Date

03/16/2021

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