PPP Loan information for Alabama bands inc

$146,728

Alabama bands inc was initially approved for PPP Loan of amount $146,728, the current approved amount is $146,728. The loan was approved on 04/28/2020 by The Bank Independent reported 14 jobs and $146,728 was used to fund payroll.

Alabama bands inc is Existing or more than 2 years old

ALABAMA BANDS INC

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

146727.50

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

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muscle Shoals

Project County Name

COLBERT

Project State

AL

Project Zip

35661-0099

CD

AL-04

Jobs Reported

14

NAICS Code

336350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

146727.50

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148215.15

Forgiveness Date

05/05/2021

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