PPP Loan information for Rast construction inc

$625,000

Rast construction inc was initially approved for PPP Loan of amount $625,000, the current approved amount is $625,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 67 jobs and $625,000 was used to fund payroll.

Rast construction inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Rast construction inc

RAST CONSTRUCTION INC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RAST CONSTRUCTION INC

Borrower Address

2901 SHANNON OXMOOR RD

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35211-5908

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625000.00

Current Approval Amount

625000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35211-5908

CD

AL-07

Jobs Reported

67

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

600000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

629149.31

Forgiveness Date

12/09/2020

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