PPP Loan information for R&b farms

$104,165

R&b farms was initially approved for PPP Loan of amount $104,165, the current approved amount is $104,165. The loan was approved on 04/07/2020 by The Merit Bank reported 5 jobs and $104,165 was used to fund payroll.

R&b farms is Existing or more than 2 years old

PPP Loan Search / AL / COURTLAND / R&b farms

R&B FARMS

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

R&B FARMS

Borrower Address

195 COUNTY ROAD 281

Borrower City

COURTLAND

Borrower State

AL

Borrower Zip

35618-3631

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104165.00

Current Approval Amount

104165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COURTLAND

Project County Name

LAWRENCE

Project State

AL

Project Zip

35618-3631

CD

AL-04

Jobs Reported

5

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104165.00

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

104795.70

Forgiveness Date

11/23/2020

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