PPP Loan information for Syncro corporation

$916,200

Syncro corporation was initially approved for PPP Loan of amount $916,200, the current approved amount is $916,200. The loan was approved on 04/07/2020 by The Peoples Bank of Alabama reported 113 jobs and $916,200 was used to fund payroll.

Syncro corporation is Existing or more than 2 years old

PPP Loan Search / AL / ARAB / Syncro corporation

SYNCRO CORPORATION

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SYNCRO CORPORATION

Borrower Address

1030 Sundown Drive NW

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016-2000

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

916200.00

Current Approval Amount

916200.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARAB

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-2000

CD

AL-04

Jobs Reported

113

NAICS Code

336340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

916200.00

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

923224.20

Forgiveness Date

01/12/2021

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