PPP Loan information for Water way distributing company inc

$223,700

Water way distributing company inc was initially approved for PPP Loan of amount $223,700, the current approved amount is $223,700. The loan was approved on 04/07/2020 by The ServisFirst Bank reported 23 jobs and $223,700 was used to fund payroll.

Water way distributing company inc is Existing or more than 2 years old

WATER WAY DISTRIBUTING COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WATER WAY DISTRIBUTING COMPANY INC

Borrower Address

510 35th St. N

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35222-1240

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223700.00

Current Approval Amount

223700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35222-1240

CD

AL-07

Jobs Reported

23

NAICS Code

312112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6100.00

Payroll Proceed

188300.00

Mortgage Interest Proceed

0.00

Rent Proceed

24300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5000

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225265.90

Forgiveness Date

12/23/2020

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