PPP Loan information for Gulf coast power tool

$11,400

Gulf coast power tool was initially approved for PPP Loan of amount $11,400, the current approved amount is $11,400. The loan was approved on 04/30/2020 by The Regions Bank reported 2 jobs and $11,400 was used to fund payroll.

Gulf coast power tool is New Business or 2 years or less

GULF COAST POWER TOOL

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GULF COAST POWER TOOL

Borrower Address

5651 HWY 90 suite A,

Borrower City

thoedore

Borrower State

AL

Borrower Zip

36582

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11400.00

Current Approval Amount

11400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

thoedore

Project County Name

MOBILE

Project State

AL

Project Zip

36582-0001

CD

AL-01

Jobs Reported

2

NAICS Code

339999

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11400.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11478.39

Forgiveness Date

01/14/2021

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