PPP Loan information for Char inc

$894,600

Char inc was initially approved for PPP Loan of amount $894,600, the current approved amount is $894,600. The loan was approved on 04/12/2020 by The Cadence Bank reported 270 jobs and $894,600 was used to fund payroll.

Char inc is New Business or 2 years or less

PPP Loan Search / AL / GUNTERSVILLE / Char inc

CHAR INC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CHAR INC

Borrower Address

1745 GUNTER AVE

Borrower City

GUNTERSVILLE

Borrower State

AL

Borrower Zip

35976-1821

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

894600.00

Current Approval Amount

894600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GUNTERSVILLE

Project County Name

MARSHALL

Project State

AL

Project Zip

35976-1821

CD

AL-04

Jobs Reported

270

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

894600.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

901558.00

Forgiveness Date

01/28/2021

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