PPP Loan information for Shoals medical trials inc

$40,153

Shoals medical trials inc was initially approved for PPP Loan of amount $40,153, the current approved amount is $40,153. The loan was approved on 04/01/2021 by The First Southern Bank reported 3 jobs and $40,153 was used to fund payroll.

Shoals medical trials inc is Existing or more than 2 years old

PPP Loan Search / AL / Sheffield / Shoals medical trials inc

SHOALS MEDICAL TRIALS INC

Date Approved

04/01/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SHOALS MEDICAL TRIALS INC

Borrower Address

1300 S Montgomery Ave

Borrower City

Sheffield

Borrower State

AL

Borrower Zip

35660-6334

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40152.50

Current Approval Amount

40152.50

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

N

Business Age Description

Existing or more than 2 years old

Project City

Sheffield

Project County Name

COLBERT

Project State

AL

Project Zip

35660-6334

CD

AL-04

Jobs Reported

3

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40145.50

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

Subchapter S 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

40405.68

Forgiveness Date

11/19/2021

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