PPP Loan information for Fagerman technologies inc.

$161,800

Fagerman technologies inc. was initially approved for PPP Loan of amount $161,800, the current approved amount is $161,800. The loan was approved on 04/13/2020 by The Peoples Bank of Alabama reported 20 jobs and $161,800 was used to fund payroll.

Fagerman technologies inc. is Existing or more than 2 years old

FAGERMAN TECHNOLOGIES INC.

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

161800.00

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

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

MORGAN

Project State

AL

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

0.00

Health Care Proceed

0.00

Debt Interest Proceed

30000

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

163269.68

Forgiveness Date

03/11/2021

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