PPP Loan information for Shoals construction co., inc.

$63,706

Shoals construction co., inc. was initially approved for PPP Loan of amount $63,706, the current approved amount is $63,706. The loan was approved on 04/13/2020 by The First Southern Bank reported 10 jobs and $63,706 was used to fund payroll.

Shoals construction co., inc. is Existing or more than 2 years old

SHOALS CONSTRUCTION CO., INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHOALS CONSTRUCTION CO., INC.

Borrower Address

510 S CHERRY ST

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-5726

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63705.92

Current Approval Amount

63705.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119671

Servicing Lender Name

First Southern Bank

Servicing Lender Address

201 S Court St

Servicing Lender City

Florence

Servicing Lender State

AL

Servicing Lender Zip

35630

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-5726

CD

AL-05

Jobs Reported

10

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63705.92

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

119671

Originating Lender

First Southern Bank

Originating Lender City

Florence

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64475.70

Forgiveness Date

06/28/2021

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