PPP Loan information for Shoals sav-a-life inc.

$60,000

Shoals sav-a-life inc. was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 01/17/2021 by The First Metro Bank reported 7 jobs and $60,000 was used to fund payroll.

Shoals sav-a-life inc. is Existing or more than 2 years old

SHOALS SAV-A-LIFE INC.

Date Approved

01/17/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SHOALS SAV-A-LIFE INC.

Borrower Address

2201 Cloyd Blvd

Borrower City

Florence

Borrower State

AL

Borrower Zip

35630-1505

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-1505

CD

AL-05

Jobs Reported

7

NAICS Code

923120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

59999.00

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

Non-Profit Organization

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

60283.33

Forgiveness Date

07/19/2021

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