PPP Loan information for Selwood farm inc

$47,500

Selwood farm inc was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 04/27/2020 by The Cadence Bank reported 50 jobs and $47,500 was used to fund payroll.

Selwood farm inc is Existing or more than 2 years old

PPP Loan Search / AL / ALPINE / Selwood farm inc

SELWOOD FARM INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SELWOOD FARM INC

Borrower Address

706 Selwood RD

Borrower City

ALPINE

Borrower State

AL

Borrower Zip

35014-5431

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

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

ALPINE

Project County Name

TALLADEGA

Project State

AL

Project Zip

35014-5431

CD

AL-03

Jobs Reported

50

NAICS Code

721214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

35750.00

Mortgage Interest Proceed

0.00

Rent Proceed

2750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

47942.01

Forgiveness Date

04/13/2021

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