PPP Loan information for Payless drugs inc

$352,768

Payless drugs inc was initially approved for PPP Loan of amount $35,287, the current approved amount is $352,768. The loan was approved on 04/14/2020 by The Truist Bank reported 31 jobs and $352,768 was used to fund payroll.

Payless drugs inc is Existing or more than 2 years old

PAYLESS DRUGS INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PAYLESS DRUGS INC

Borrower Address

4901 GARY AVE

Borrower City

FAIRFIELD

Borrower State

AL

Borrower Zip

35064-1348

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35287.00

Current Approval Amount

352768.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

JEFFERSON

Project State

AL

Project Zip

35064-1348

CD

AL-07

Jobs Reported

31

NAICS Code

446110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

352768.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

356824.83

Forgiveness Date

07/22/2021

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