PPP Loan information for Medical associates of the shoals, pc

$1,055,624

Medical associates of the shoals, pc was initially approved for PPP Loan of amount $1,055,624, the current approved amount is $1,055,624. The loan was approved on 04/13/2020 by The First Metro Bank reported 83 jobs and $1,055,624 was used to fund payroll.

Medical associates of the shoals, pc is Existing or more than 2 years old

PPP Loan Search / AL / SHEFFIELD / Medical associates of the shoals, pc

MEDICAL ASSOCIATES OF THE SHOALS, PC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MEDICAL ASSOCIATES OF THE SHOALS, PC

Borrower Address

1120 S. JACKSON HWY

Borrower City

SHEFFIELD

Borrower State

AL

Borrower Zip

35660-5747

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1055624.00

Current Approval Amount

1055624.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHEFFIELD

Project County Name

COLBERT

Project State

AL

Project Zip

35660-5747

CD

AL-04

Jobs Reported

83

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

105562.40

Payroll Proceed

791718.00

Mortgage Interest Proceed

158343.60

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1068614.04

Forgiveness Date

07/02/2021

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