PPP Loan information for Red bay body shop, inc

$112,399

Red bay body shop, inc was initially approved for PPP Loan of amount $112,399, the current approved amount is $112,399. The loan was approved on 04/08/2020 by The CB&S Bank reported 11 jobs and $112,399 was used to fund payroll.

Red bay body shop, inc is Existing or more than 2 years old

RED BAY BODY SHOP, INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RED BAY BODY SHOP, INC

Borrower Address

209 3rd Ave SW

Borrower City

RED BAY

Borrower State

AL

Borrower Zip

35582

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112399.20

Current Approval Amount

112399.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3228

Servicing Lender Name

CB&S Bank

Servicing Lender Address

200 Jackson Ave South

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AL

Servicing Lender Zip

35653-2234

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED BAY

Project County Name

FRANKLIN

Project State

AL

Project Zip

35582-0001

CD

AL-04

Jobs Reported

11

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

110899.20

Mortgage Interest Proceed

500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3228

Originating Lender

CB&S Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

113226.58

Forgiveness Date

01/08/2021

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