PPP Loan information for Model tees

$252,500

Model tees was initially approved for PPP Loan of amount $258,500, the current approved amount is $252,500. The loan was approved on 04/10/2020 by The Peoples Bank of Alabama reported 43 jobs and $252,500 was used to fund payroll.

Model tees is Existing or more than 2 years old

MODEL TEES

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MODEL TEES

Borrower Address

100 E MAIN ST

Borrower City

CENTRE

Borrower State

AL

Borrower Zip

35960-1517

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258500.00

Current Approval Amount

252500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTRE

Project County Name

CHEROKEE

Project State

AL

Project Zip

35960-1517

CD

AL-03

Jobs Reported

43

NAICS Code

323113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60170.21

Payroll Proceed

189375.00

Mortgage Interest Proceed

0.00

Rent Proceed

2954.79

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

244008.89

Forgiveness Date

11/30/2020

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