PPP Loan information for Glen allen rail inc

$68,162

Glen allen rail inc was initially approved for PPP Loan of amount $68,162, the current approved amount is $68,162. The loan was approved on 04/05/2020 by The State Bank & Trust reported 3 jobs and $68,162 was used to fund payroll.

Glen allen rail inc is Existing or more than 2 years old

GLEN ALLEN RAIL INC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GLEN ALLEN RAIL INC

Borrower Address

PO BOX 378

Borrower City

BRILLIANT

Borrower State

AL

Borrower Zip

35548-0378

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68162.00

Current Approval Amount

68162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3379

Servicing Lender Name

State Bank & Trust

Servicing Lender Address

1945 US Hwy 43

Servicing Lender City

WINFIELD

Servicing Lender State

AL

Servicing Lender Zip

35594-5158

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRILLIANT

Project County Name

MARION

Project State

AL

Project Zip

35548-0378

CD

AL-04

Jobs Reported

3

NAICS Code

423520

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8520.00

Payroll Proceed

51122.00

Mortgage Interest Proceed

0.00

Rent Proceed

8520.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3379

Originating Lender

State Bank & Trust

Originating Lender City

WINFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68733.80

Forgiveness Date

02/02/2021

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