PPP Loan information for Railroad park foundation

$120,239

Railroad park foundation was initially approved for PPP Loan of amount $120,239, the current approved amount is $120,239. The loan was approved on 01/25/2021 by The Regions Bank reported 9 jobs and $120,239 was used to fund payroll.

Railroad park foundation is Existing or more than 2 years old

RAILROAD PARK FOUNDATION

Date Approved

01/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

RAILROAD PARK FOUNDATION

Borrower Address

1600 1st Ave S

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35233-1703

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120239.00

Current Approval Amount

120238.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35233-1703

CD

AL-07

Jobs Reported

9

NAICS Code

813219

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120238.55

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

Non-Profit Organization

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

121091.75

Forgiveness Date

10/20/2021

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