PPP Loan information for Sbm inc.

$55,377

Sbm inc. was initially approved for PPP Loan of amount $55,377, the current approved amount is $55,377. The loan was approved on 03/20/2021 by The Loan Source Incorporated reported 16 jobs and $55,377 was used to fund payroll.

Sbm inc. is Existing or more than 2 years old

SBM INC.

Date Approved

03/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SBM INC.

Borrower Address

23800 US Highway 98

Borrower City

Fairhope

Borrower State

AL

Borrower Zip

36532-6359

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55377.00

Current Approval Amount

55377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

36532-6359

CD

AL-01

Jobs Reported

16

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55374.00

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

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

55707.74

Forgiveness Date

10/29/2021

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