PPP Loan information for Southern rail fabric

$62,177

Southern rail fabric was initially approved for PPP Loan of amount $62,177, the current approved amount is $62,177. The loan was approved on 02/18/2021 by The Peoples Bank of Alabama reported 6 jobs and $62,177 was used to fund payroll.

Southern rail fabric is Existing or more than 2 years old

PPP Loan Search / AL / Blountsville / Southern rail fabric

SOUTHERN RAIL FABRIC

Date Approved

02/18/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN RAIL FABRIC

Borrower Address

2105 County Highway 49

Borrower City

Blountsville

Borrower State

AL

Borrower Zip

35031-5643

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62177.45

Current Approval Amount

62177.45

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Blountsville

Project County Name

BLOUNT

Project State

AL

Project Zip

35031-5643

CD

AL-06

Jobs Reported

6

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62173.45

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62778.50

Forgiveness Date

02/03/2022

;