PPP Loan information for The arc of the chattahoochee valley inc

$176,000

The arc of the chattahoochee valley inc was initially approved for PPP Loan of amount $176,000, the current approved amount is $176,000. The loan was approved on 02/03/2021 by The Farmers and Merchants Bank reported 24 jobs and $176,000 was used to fund payroll.

The arc of the chattahoochee valley inc is Existing or more than 2 years old

THE ARC OF THE CHATTAHOOCHEE VALLEY INC

Date Approved

02/03/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

THE ARC OF THE CHATTAHOOCHEE VALLEY INC

Borrower Address

6345 Fairfax Byp

Borrower City

Valley

Borrower State

AL

Borrower Zip

36854-4558

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176000.00

Current Approval Amount

176000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valley

Project County Name

CHAMBERS

Project State

AL

Project Zip

36854-4558

CD

AL-03

Jobs Reported

24

NAICS Code

624120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

176000.00

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

Non-Profit Organization

Originating Lender Location Id

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

176982.67

Forgiveness Date

08/25/2021

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