PPP Loan information for East alabama lumber, inc.

$760,800

East alabama lumber, inc. was initially approved for PPP Loan of amount $760,800, the current approved amount is $760,800. The loan was approved on 04/06/2020 by The River Bank & Trust reported 87 jobs and $760,800 was used to fund payroll.

East alabama lumber, inc. is Existing or more than 2 years old

PPP Loan Search / AL / SALEM / East alabama lumber, inc.

EAST ALABAMA LUMBER, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

EAST ALABAMA LUMBER, INC.

Borrower Address

8575 US Highway 280E PO Box 7

Borrower City

SALEM

Borrower State

AL

Borrower Zip

36874-2009

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

760800.00

Current Approval Amount

760800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

LEE

Project State

AL

Project Zip

36874-2009

CD

AL-03

Jobs Reported

87

NAICS Code

321113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

760800.00

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

Subchapter S Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

767837.40

Forgiveness Date

03/10/2021

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