PPP Loan information for Cloverland associated grocery

$196,650

Cloverland associated grocery was initially approved for PPP Loan of amount $196,650, the current approved amount is $196,650. The loan was approved on 04/09/2020 by The Valley National Bank reported 79 jobs and $196,650 was used to fund payroll.

Cloverland associated grocery is Existing or more than 2 years old

CLOVERLAND ASSOCIATED GROCERY

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CLOVERLAND ASSOCIATED GROCERY

Borrower Address

617 STATE HIGHWAY 21 S

Borrower City

HAYNEVILLE

Borrower State

AL

Borrower Zip

36040

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196650.00

Current Approval Amount

196650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAYNEVILLE

Project County Name

LOWNDES

Project State

AL

Project Zip

36040-0001

CD

AL-07

Jobs Reported

79

NAICS Code

445110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

196650.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198736.68

Forgiveness Date

05/05/2021

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