PPP Loan information for Summerford pallet company inc

$588,400

Summerford pallet company inc was initially approved for PPP Loan of amount $588,400, the current approved amount is $588,400. The loan was approved on 04/10/2020 by The River Bank & Trust reported 86 jobs and $588,400 was used to fund payroll.

Summerford pallet company inc is Existing or more than 2 years old

PPP Loan Search / AL / ASHFORD / Summerford pallet company inc

SUMMERFORD PALLET COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SUMMERFORD PALLET COMPANY INC

Borrower Address

353 ASHFORD INDUSTRIAL DR

Borrower City

ASHFORD

Borrower State

AL

Borrower Zip

36312-4589

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588400.00

Current Approval Amount

588400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHFORD

Project County Name

HOUSTON

Project State

AL

Project Zip

36312-4589

CD

AL-02

Jobs Reported

86

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

588400.00

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

Subchapter S Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

591881.37

Forgiveness Date

11/17/2020

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