PPP Loan information for Chamber county education foundation

$144,401

Chamber county education foundation was initially approved for PPP Loan of amount $144,401, the current approved amount is $144,401. The loan was approved on 04/07/2020 by The Farmers and Merchants Bank reported 55 jobs and $144,401 was used to fund payroll.

Chamber county education foundation is Existing or more than 2 years old

CHAMBER COUNTY EDUCATION FOUNDATION

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CHAMBER COUNTY EDUCATION FOUNDATION

Borrower Address

15048 US HIGHWAY 431 S

Borrower City

LAFAYETTE

Borrower State

AL

Borrower Zip

36862-5432

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144401.00

Current Approval Amount

144401.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

CHAMBERS

Project State

AL

Project Zip

36862-5432

CD

AL-03

Jobs Reported

55

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144401.00

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

Non-Profit Organization

Originating Lender Location Id

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

145379.72

Forgiveness Date

12/08/2020

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