PPP Loan information for Sbm, inc.

$55,378

Sbm, inc. was initially approved for PPP Loan of amount $55,378, the current approved amount is $55,378. The loan was approved on 04/11/2020 by The Cadence Bank reported 16 jobs and $55,378 was used to fund payroll.

Sbm, inc. is Existing or more than 2 years old

PPP Loan Search / AL / FAIRHOPE / Sbm, inc.

SBM, INC.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SBM, INC.

Borrower Address

23800 US HWY 98

Borrower City

FAIRHOPE

Borrower State

AL

Borrower Zip

36532

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55377.50

Current Approval Amount

55377.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRHOPE

Project County Name

BALDWIN

Project State

AL

Project Zip

36532-0001

CD

AL-01

Jobs Reported

16

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55377.50

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45645.98

Forgiveness Date

11/17/2020

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