PPP Loan information for Servico inc

$875,500

Servico inc was initially approved for PPP Loan of amount $875,500, the current approved amount is $875,500. The loan was approved on 04/08/2020 by The ServisFirst Bank reported 25 jobs and $875,500 was used to fund payroll.

Servico inc is Existing or more than 2 years old

SERVICO INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SERVICO INC

Borrower Address

1615 COUNTY ROAD 389

Borrower City

COURTLAND

Borrower State

AL

Borrower Zip

35618-4031

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

875500.00

Current Approval Amount

875500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COURTLAND

Project County Name

LAWRENCE

Project State

AL

Project Zip

35618-4031

CD

AL-04

Jobs Reported

25

NAICS Code

115111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

152100.00

Payroll Proceed

715200.00

Mortgage Interest Proceed

8200.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

748822.79

Forgiveness Date

06/11/2021

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