PPP Loan information for Colbert-lauderdale baptist association

$48,446

Colbert-lauderdale baptist association was initially approved for PPP Loan of amount $42,400, the current approved amount is $48,446. The loan was approved on 04/09/2020 by The First Metro Bank reported 10 jobs and $48,446 was used to fund payroll.

Colbert-lauderdale baptist association is Existing or more than 2 years old

COLBERT-LAUDERDALE BAPTIST ASSOCIATION

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

COLBERT-LAUDERDALE BAPTIST ASSOCIATION

Borrower Address

3901 HATCH BLVD

Borrower City

SHEFFIELD

Borrower State

AL

Borrower Zip

35660-1917

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42400.00

Current Approval Amount

48445.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHEFFIELD

Project County Name

COLBERT

Project State

AL

Project Zip

35660-1917

CD

AL-04

Jobs Reported

10

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12111.47

Payroll Proceed

36334.41

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

40684.06

Forgiveness Date

11/17/2020

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