PPP Loan information for Alabama engine company

$38,200

Alabama engine company was initially approved for PPP Loan of amount $38,200, the current approved amount is $38,200. The loan was approved on 04/29/2020 by The River Bank & Trust reported 5 jobs and $38,200 was used to fund payroll.

Alabama engine company is Existing or more than 2 years old

ALABAMA ENGINE COMPANY

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA ENGINE COMPANY

Borrower Address

2024 County Road 16 W

Borrower City

CLANTON

Borrower State

AL

Borrower Zip

35045-2287

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38200.00

Current Approval Amount

38200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLANTON

Project County Name

CHILTON

Project State

AL

Project Zip

35045-2287

CD

AL-03

Jobs Reported

5

NAICS Code

811411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38200.00

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

Partnership

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38478.01

Forgiveness Date

01/20/2021

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