PPP Loan information for Clas coal company inc

$386,716

Clas coal company inc was initially approved for PPP Loan of amount $386,716, the current approved amount is $386,716. The loan was approved on 05/11/2021 by The Truist Bank reported 25 jobs and $386,716 was used to fund payroll.

Clas coal company inc is Existing or more than 2 years old

CLAS COAL COMPANY INC

Date Approved

05/11/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CLAS COAL COMPANY INC

Borrower Address

1466 McDade Rd

Borrower City

Carbon Hill

Borrower State

AL

Borrower Zip

35549-4543

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

386716.00

Current Approval Amount

386716.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carbon Hill

Project County Name

WALKER

Project State

AL

Project Zip

35549-4543

CD

AL-04

Jobs Reported

25

NAICS Code

212112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

386716.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

389917.15

Forgiveness Date

03/09/2022

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