PPP Loan information for Posey farms

$93,000

Posey farms was initially approved for PPP Loan of amount $93,000, the current approved amount is $93,000. The loan was approved on 04/07/2020 by The Bank Independent reported 12 jobs and $93,000 was used to fund payroll.

Posey farms is Existing or more than 2 years old

POSEY FARMS

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

POSEY FARMS

Borrower Address

1020 County Road 274

Borrower City

TOWN CREEK

Borrower State

AL

Borrower Zip

35672-4018

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93000.00

Current Approval Amount

93000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOWN CREEK

Project County Name

LAWRENCE

Project State

AL

Project Zip

35672-4018

CD

AL-04

Jobs Reported

12

NAICS Code

111920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93000.00

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

Partnership

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

93632.92

Forgiveness Date

12/17/2020

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