PPP Loan information for Mcwane science center

$705,000

Mcwane science center was initially approved for PPP Loan of amount $705,000, the current approved amount is $705,000. The loan was approved on 01/31/2021 by The Regions Bank reported 78 jobs and $705,000 was used to fund payroll.

Mcwane science center is Existing or more than 2 years old

MCWANE SCIENCE CENTER

Date Approved

01/31/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MCWANE SCIENCE CENTER

Borrower Address

200 19th St N

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35203-3117

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

705000.00

Current Approval Amount

705000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35203-3117

CD

AL-07

Jobs Reported

78

NAICS Code

712110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

704998.00

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

Non-Profit Organization

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

713962.19

Forgiveness Date

05/19/2022

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