PPP Loan information for Galen's llc

$85,000

Galen's llc was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/28/2020 by The Cadence Bank reported 23 jobs and $85,000 was used to fund payroll.

Galen's llc is Existing or more than 2 years old

PPP Loan Search / AL / NEW HOPE / Galen's llc

GALEN'S LLC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GALEN'S LLC

Borrower Address

5136 Main Dr

Borrower City

NEW HOPE

Borrower State

AL

Borrower Zip

35760-9004

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW HOPE

Project County Name

MADISON

Project State

AL

Project Zip

35760-9004

CD

AL-05

Jobs Reported

23

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85916.11

Forgiveness Date

06/04/2021

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