PPP Loan information for Fade shop

$17,500

Fade shop was initially approved for PPP Loan of amount $17,500, the current approved amount is $17,500. The loan was approved on 07/09/2020 by The WebBank reported 1 jobs and $17,500 was used to fund payroll.

Fade shop is New Business or 2 years or less

FADE SHOP

Date Approved

07/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FADE SHOP

Borrower Address

2 W Ridge Dr 2b

Borrower City

Phenix

Borrower State

AL

Borrower Zip

36867

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17500.00

Current Approval Amount

17500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Phenix

Project County Name

RUSSELL

Project State

AL

Project Zip

36867-0300

CD

AL-03

Jobs Reported

1

NAICS Code

541990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17500.00

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

Sole Proprietorship

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17653.12

Forgiveness Date

05/24/2021

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