Date Approved
04/28/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
ALABAMA BANDS INC
Borrower Address
202 Industrial Dr
Borrower City
Muscle Shoals
Borrower State
AL
Borrower Zip
35661
Loan Status Date
05/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
146727.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
3273
Servicing Lender Name
Bank Independent
Servicing Lender Address
710 S Montgomery Ave
Servicing Lender City
SHEFFIELD
Servicing Lender State
Servicing Lender Zip
35660-3812
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COLBERT
Project State
Project Zip
35661-0099
CD
AL-04
Jobs Reported
14
NAICS Code
336350
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
148215.15
Forgiveness Date
05/05/2021