PPP Loan information for Jay bhavani

$20,453

Jay bhavani was initially approved for PPP Loan of amount $20,453, the current approved amount is $20,453. The loan was approved on 04/09/2020 by The SouthPoint Bank reported 8 jobs and $20,453 was used to fund payroll.

Jay bhavani is New Business or 2 years or less

JAY BHAVANI

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JAY BHAVANI

Borrower Address

8311 US OLD HIGHWAY 31

Borrower City

MORRIS

Borrower State

AL

Borrower Zip

35116-1230

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20452.50

Current Approval Amount

20452.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MORRIS

Project County Name

JEFFERSON

Project State

AL

Project Zip

35116-1230

CD

AL-06

Jobs Reported

8

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20452.50

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20626.91

Forgiveness Date

02/19/2021

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