PPP Loan information for Medicine for less, inc.

$59,438

Medicine for less, inc. was initially approved for PPP Loan of amount $59,438, the current approved amount is $59,438. The loan was approved on 04/16/2020 by The Cadence Bank reported 8 jobs and $59,438 was used to fund payroll.

Medicine for less, inc. is Existing or more than 2 years old

PPP Loan Search / AL / MONTEVALLO / Medicine for less, inc.

MEDICINE FOR LESS, INC.

Date Approved

04/16/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MEDICINE FOR LESS, INC.

Borrower Address

703 MAIN STREET

Borrower City

MONTEVALLO

Borrower State

AL

Borrower Zip

35115

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59437.50

Current Approval Amount

59437.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTEVALLO

Project County Name

SHELBY

Project State

AL

Project Zip

35115-0001

CD

AL-06

Jobs Reported

8

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59437.50

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59865.12

Forgiveness Date

01/07/2021

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