PPP Loan information for Shoals cmte on program & employment

$596,652

Shoals cmte on program & employment was initially approved for PPP Loan of amount $596,652, the current approved amount is $596,652. The loan was approved on 04/10/2020 by The First Metro Bank reported 123 jobs and $596,652 was used to fund payroll.

Shoals cmte on program & employment is Existing or more than 2 years old

SHOALS CMTE ON PROGRAM & EMPLOYMENT

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHOALS CMTE ON PROGRAM & EMPLOYMENT

Borrower Address

4129 HELTON DR

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-6207

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

596652.00

Current Approval Amount

596652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-6207

CD

AL-05

Jobs Reported

123

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

59665.20

Payroll Proceed

447489.00

Mortgage Interest Proceed

89497.80

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

601474.94

Forgiveness Date

02/03/2021

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