PPP Loan information for Snead equipment sales & service, inc

$87,018

Snead equipment sales & service, inc was initially approved for PPP Loan of amount $87,018, the current approved amount is $87,018. The loan was approved on 04/10/2020 by The Liberty Bank reported 13 jobs and $87,018 was used to fund payroll.

Snead equipment sales & service, inc is Existing or more than 2 years old

SNEAD EQUIPMENT SALES & SERVICE, INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SNEAD EQUIPMENT SALES & SERVICE, INC

Borrower Address

88043 Hwy 278 East

Borrower City

ALTOONA

Borrower State

AL

Borrower Zip

35952-9641

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87017.50

Current Approval Amount

87017.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2001

Servicing Lender Name

Liberty Bank

Servicing Lender Address

40956 Hwy 75

Servicing Lender City

GERALDINE

Servicing Lender State

AL

Servicing Lender Zip

35974

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALTOONA

Project County Name

BLOUNT

Project State

AL

Project Zip

35952-9641

CD

AL-04

Jobs Reported

13

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87017.50

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

Corporation

Originating Lender Location Id

2001

Originating Lender

Liberty Bank

Originating Lender City

GERALDINE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87525.30

Forgiveness Date

11/17/2020

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