PPP Loan information for Webb concrete & building materials, inc

$1,969,920

Webb concrete & building materials, inc was initially approved for PPP Loan of amount $1,969,920, the current approved amount is $1,969,920. The loan was approved on 04/08/2020 by The SouthPoint Bank reported 164 jobs and $1,969,920 was used to fund payroll.

Webb concrete & building materials, inc is Existing or more than 2 years old

PPP Loan Search / AL / HEFLIN / Webb concrete & building materials, inc

WEBB CONCRETE & BUILDING MATERIALS, INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WEBB CONCRETE & BUILDING MATERIALS, INC

Borrower Address

64 HUNNICUTT ST

Borrower City

HEFLIN

Borrower State

AL

Borrower Zip

36264-1161

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1969920.00

Current Approval Amount

1969920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HEFLIN

Project County Name

CLEBURNE

Project State

AL

Project Zip

36264-1161

CD

AL-03

Jobs Reported

164

NAICS Code

327331

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1969920.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1989017.28

Forgiveness Date

03/31/2021

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