PPP Loan information for Russo corporation

$2,000,000

Russo corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/23/2021 by The Bryant Bank reported 226 jobs and $2,000,000 was used to fund payroll.

Russo corporation is Existing or more than 2 years old

RUSSO CORPORATION

Date Approved

03/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

RUSSO CORPORATION

Borrower Address

1421 Mims Ave SW

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35211-3733

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434580

Servicing Lender Name

Bryant Bank

Servicing Lender Address

1550 McFarland Blvd North

Servicing Lender City

TUSCALOOSA

Servicing Lender State

AL

Servicing Lender Zip

35406-2211

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35211-3733

CD

AL-07

Jobs Reported

226

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

434580

Originating Lender

Bryant Bank

Originating Lender City

TUSCALOOSA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2017277.78

Forgiveness Date

02/04/2022

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