PPP Loan information for Somer subs, inc

$23,000

Somer subs, inc was initially approved for PPP Loan of amount $23,000, the current approved amount is $23,000. The loan was approved on 04/27/2020 by The Peoples Bank of Alabama reported 7 jobs and $23,000 was used to fund payroll.

Somer subs, inc is Unanswered

SOMER SUBS, INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOMER SUBS, INC

Borrower Address

5276 HIGHWAY 67 S SUITE 4

Borrower City

SOMERVILLE

Borrower State

AL

Borrower Zip

35670

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23000.00

Current Approval Amount

23000.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SOMERVILLE

Project County Name

MORGAN

Project State

AL

Project Zip

35670-0001

CD

AL-05

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2875.00

Payroll Proceed

17250.00

Mortgage Interest Proceed

0.00

Rent Proceed

2875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23162.28

Forgiveness Date

01/08/2021

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