PPP Loan information for Foster drug company inc.

$64,705

Foster drug company inc. was initially approved for PPP Loan of amount $64,705, the current approved amount is $64,705. The loan was approved on 05/07/2020 by The Troy Bank & Trust Company reported 7 jobs and $64,705 was used to fund payroll.

Foster drug company inc. is Existing or more than 2 years old

PPP Loan Search / AL / LUVERNE / Foster drug company inc.

FOSTER DRUG COMPANY INC.

Date Approved

05/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FOSTER DRUG COMPANY INC.

Borrower Address

1554 SOUTH FOREST AVE

Borrower City

LUVERNE

Borrower State

AL

Borrower Zip

36049-7332

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64705.00

Current Approval Amount

64705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3323

Servicing Lender Name

Troy Bank & Trust Company

Servicing Lender Address

1000 US Hwy 231 S

Servicing Lender City

TROY

Servicing Lender State

AL

Servicing Lender Zip

36081-3104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUVERNE

Project County Name

CRENSHAW

Project State

AL

Project Zip

36049-7332

CD

AL-02

Jobs Reported

7

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2535.82

Payroll Proceed

58505.18

Mortgage Interest Proceed

0.00

Rent Proceed

1500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2164.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3323

Originating Lender

Troy Bank & Trust Company

Originating Lender City

TROY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58040.16

Forgiveness Date

12/14/2020

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