PPP Loan information for Generations of vernon, llc

$1,000,637

Generations of vernon, llc was initially approved for PPP Loan of amount $1,000,637, the current approved amount is $1,000,637. The loan was approved on 04/27/2020 by The Community Spirit Bank reported 163 jobs and $1,000,637 was used to fund payroll.

Generations of vernon, llc is Existing or more than 2 years old

PPP Loan Search / AL / VERNON / Generations of vernon, llc

GENERATIONS OF VERNON, LLC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GENERATIONS OF VERNON, LLC

Borrower Address

1050 CONVALESCENT RD

Borrower City

VERNON

Borrower State

AL

Borrower Zip

35592-4823

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000637.00

Current Approval Amount

1000637.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3201

Servicing Lender Name

Community Spirit Bank

Servicing Lender Address

200 4th Ave SW

Servicing Lender City

RED BAY

Servicing Lender State

AL

Servicing Lender Zip

35582-4180

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERNON

Project County Name

LAMAR

Project State

AL

Project Zip

35592-4823

CD

AL-04

Jobs Reported

163

NAICS Code

623312

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

100063.70

Payroll Proceed

800509.60

Mortgage Interest Proceed

0.00

Rent Proceed

100063.70

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

3201

Originating Lender

Community Spirit Bank

Originating Lender City

RED BAY

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1011727.39

Forgiveness Date

06/04/2021

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