PPP Loan information for New application

$42,172

New application was initially approved for PPP Loan of amount $42,172, the current approved amount is $42,172. The loan was approved on 04/13/2020 by The West Alabama Bank & Trust reported 8 jobs and $42,172 was used to fund payroll.

New application is Existing or more than 2 years old

NEW APPLICATION

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NEW APPLICATION

Borrower Address

106 16TH ST NE

Borrower City

FAYETTE

Borrower State

AL

Borrower Zip

35555-1340

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42171.87

Current Approval Amount

42171.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3217

Servicing Lender Name

West Alabama Bank & Trust

Servicing Lender Address

509 1st Ave W

Servicing Lender City

REFORM

Servicing Lender State

AL

Servicing Lender Zip

35481-4602

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAYETTE

Project County Name

FAYETTE

Project State

AL

Project Zip

35555-1340

CD

AL-04

Jobs Reported

8

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42171.87

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

Subchapter S Corporation

Originating Lender Location Id

3217

Originating Lender

West Alabama Bank & Trust

Originating Lender City

REFORM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42551.42

Forgiveness Date

03/11/2021

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