PPP Loan information for Mitchell hollingsworth nursing & rehabilitation center llc

$1,306,979

Mitchell hollingsworth nursing & rehabilitation center llc was initially approved for PPP Loan of amount $1,306,979, the current approved amount is $1,306,979. The loan was approved on 04/08/2020 by The Bank Independent reported 194 jobs and $1,306,979 was used to fund payroll.

Mitchell hollingsworth nursing & rehabilitation center llc is Existing or more than 2 years old

MITCHELL HOLLINGSWORTH NURSING & REHABILITATION CENTER LLC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MITCHELL HOLLINGSWORTH NURSING & REHABILITATION CENTER LLC

Borrower Address

805 Flagg Circle

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-3362

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1306979.00

Current Approval Amount

1306979.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-3362

CD

AL-05

Jobs Reported

194

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55000.00

Payroll Proceed

959851.00

Mortgage Interest Proceed

0.00

Rent Proceed

260000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32128.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1323679.29

Forgiveness Date

07/20/2021

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