PPP Loan information for Shoals primary care

$1,190,700

Shoals primary care was initially approved for PPP Loan of amount $1,190,700, the current approved amount is $1,190,700. The loan was approved on 04/08/2020 by The First Metro Bank reported 140 jobs and $1,190,700 was used to fund payroll.

Shoals primary care is Existing or more than 2 years old

SHOALS PRIMARY CARE

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHOALS PRIMARY CARE

Borrower Address

342 COX BLVD

Borrower City

SHEFFIELD

Borrower State

AL

Borrower Zip

35660-4020

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1190700.00

Current Approval Amount

1190700.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHEFFIELD

Project County Name

COLBERT

Project State

AL

Project Zip

35660-4020

CD

AL-04

Jobs Reported

140

NAICS Code

621111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

119070.00

Payroll Proceed

893025.00

Mortgage Interest Proceed

178605.00

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1205583.75

Forgiveness Date

07/08/2021

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