PPP Loan information for Wedowee marine inc

$231,488

Wedowee marine inc was initially approved for PPP Loan of amount $231,488, the current approved amount is $231,488. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 22 jobs and $231,488 was used to fund payroll.

Wedowee marine inc is Existing or more than 2 years old

WEDOWEE MARINE INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WEDOWEE MARINE INC

Borrower Address

21130 Highway 431

Borrower City

Wedowee

Borrower State

AL

Borrower Zip

36278

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231487.83

Current Approval Amount

231487.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wedowee

Project County Name

RANDOLPH

Project State

AL

Project Zip

36278-0001

CD

AL-03

Jobs Reported

22

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

231487.83

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

3305

Originating Lender

First Bank of Alabama

Originating Lender City

TALLADEGA

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233212.89

Forgiveness Date

01/15/2021

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