PPP Loan information for May's distributing co., inc.

$372,068

May's distributing co., inc. was initially approved for PPP Loan of amount $372,068, the current approved amount is $372,068. The loan was approved on 04/14/2020 by The Troy Bank & Trust Company reported 46 jobs and $372,068 was used to fund payroll.

May's distributing co., inc. is Existing or more than 2 years old

PPP Loan Search / AL / UNION SPRINGS / May's distributing co., inc.

MAY'S DISTRIBUTING CO., INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAY'S DISTRIBUTING CO., INC.

Borrower Address

102 MLK Boulevard North

Borrower City

UNION SPRINGS

Borrower State

AL

Borrower Zip

36089-1667

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372067.69

Current Approval Amount

372067.69

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3323

Servicing Lender Name

Troy Bank & Trust Company

Servicing Lender Address

1000 US Hwy 231 S

Servicing Lender City

TROY

Servicing Lender State

AL

Servicing Lender Zip

36081-3104

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION SPRINGS

Project County Name

BULLOCK

Project State

AL

Project Zip

36089-1667

CD

AL-02

Jobs Reported

46

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14600.00

Payroll Proceed

331667.69

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14360.00

Debt Interest Proceed

11440

Business Type

Corporation

Originating Lender Location Id

3323

Originating Lender

Troy Bank & Trust Company

Originating Lender City

TROY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

375064.62

Forgiveness Date

02/04/2021

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