PPP Loan information for Riverbend center for mental health

$1,396,188

Riverbend center for mental health was initially approved for PPP Loan of amount $1,396,188, the current approved amount is $1,396,188. The loan was approved on 01/21/2021 by The Bank Independent reported 150 jobs and $1,396,188 was used to fund payroll.

Riverbend center for mental health is Existing or more than 2 years old

RIVERBEND CENTER FOR MENTAL HEALTH

Date Approved

01/21/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

RIVERBEND CENTER FOR MENTAL HEALTH

Borrower Address

635 W College St

Borrower City

Florence

Borrower State

AL

Borrower Zip

35630-5313

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1396188.45

Current Approval Amount

1396188.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-5313

CD

AL-05

Jobs Reported

150

NAICS Code

621112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1396186.45

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1401501.72

Forgiveness Date

06/15/2021

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