PPP Loan information for Sovereign founders inc

$109,470

Sovereign founders inc was initially approved for PPP Loan of amount $109,470, the current approved amount is $109,470. The loan was approved on 02/18/2021 by The Transportation Alliance Bank, Inc. d/b/a TAB Bank reported 10 jobs and $109,470 was used to fund payroll.

Sovereign founders inc is Existing or more than 2 years old

PPP Loan Search / AL / Bremen / Sovereign founders inc

SOVEREIGN FOUNDERS INC

Date Approved

02/18/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SOVEREIGN FOUNDERS INC

Borrower Address

116 County Road 138 N/A

Borrower City

Bremen

Borrower State

AL

Borrower Zip

35033-3047

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109470.00

Current Approval Amount

109470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123118

Servicing Lender Name

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Servicing Lender Address

4185 Harrison Blvd, Ste 200

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84403-6400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bremen

Project County Name

CULLMAN

Project State

AL

Project Zip

35033-3047

CD

AL-04

Jobs Reported

10

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

109466.00

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

Corporation

Originating Lender Location Id

123118

Originating Lender

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109980.86

Forgiveness Date

08/11/2021

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