PPP Loan information for Gadsden industrial distributers inc.

$262,565

Gadsden industrial distributers inc. was initially approved for PPP Loan of amount $262,565, the current approved amount is $262,565. The loan was approved on 03/13/2021 by The Alabama Teachers CU reported 20 jobs and $262,565 was used to fund payroll.

Gadsden industrial distributers inc. is Existing or more than 2 years old

PPP Loan Search / AL / Rainbow City / Gadsden industrial distributers inc.

GADSDEN INDUSTRIAL DISTRIBUTERS INC.

Date Approved

03/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

GADSDEN INDUSTRIAL DISTRIBUTERS INC.

Borrower Address

192 Wiggins St

Borrower City

Rainbow City

Borrower State

AL

Borrower Zip

35906-6710

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262565.00

Current Approval Amount

262565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90919

Servicing Lender Name

Alabama Teachers CU

Servicing Lender Address

702 Walnut St

Servicing Lender City

GADSDEN

Servicing Lender State

AL

Servicing Lender Zip

35901-4139

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rainbow City

Project County Name

ETOWAH

Project State

AL

Project Zip

35906-6710

CD

AL-04

Jobs Reported

20

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262565.00

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

Corporation

Originating Lender Location Id

90919

Originating Lender

Alabama Teachers CU

Originating Lender City

GADSDEN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

263910.20

Forgiveness Date

09/22/2021

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