PPP Loan information for Red mountain theatre company inc.

$283,000

Red mountain theatre company inc. was initially approved for PPP Loan of amount $283,000, the current approved amount is $283,000. The loan was approved on 03/01/2021 by The Regions Bank reported 23 jobs and $283,000 was used to fund payroll.

Red mountain theatre company inc. is Existing or more than 2 years old

RED MOUNTAIN THEATRE COMPANY INC.

Date Approved

03/01/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

RED MOUNTAIN THEATRE COMPANY INC.

Borrower Address

2130 Highland Ave S

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35205-4002

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

283000.00

Current Approval Amount

283000.00

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

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

35205-4002

CD

AL-07

Jobs Reported

23

NAICS Code

711110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

282995.00

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

Professional Association

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

285698.19

Forgiveness Date

02/16/2022

;