Date Approved
04/13/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
FAGERMAN TECHNOLOGIES INC.
Borrower Address
56 Gilcrist Rd
Borrower City
SOMERVILLE
Borrower State
AL
Borrower Zip
35670
Loan Status Date
04/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
161800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2037
Servicing Lender Name
Peoples Bank of Alabama
Servicing Lender Address
1912 Cherokee Ave SW
Servicing Lender City
CULLMAN
Servicing Lender State
Servicing Lender Zip
35055-5595
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MORGAN
Project State
Project Zip
35670-0001
CD
AL-05
Jobs Reported
20
NAICS Code
511210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
8423.80
Payroll Proceed
121376.20
Mortgage Interest Proceed
1500.00
Rent Proceed
500.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
30000
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
163269.68
Forgiveness Date
03/11/2021