PPP Loan information for Alabama industrial distributors inc.

$108,030

Alabama industrial distributors inc. was initially approved for PPP Loan of amount $108,030, the current approved amount is $108,030. The loan was approved on 02/04/2021 by The Customers Bank reported 6 jobs and $108,030 was used to fund payroll.

Alabama industrial distributors inc. is Existing or more than 2 years old

PPP Loan Search / AL / Oxford / Alabama industrial distributors inc.

ALABAMA INDUSTRIAL DISTRIBUTORS INC.

Date Approved

02/04/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ALABAMA INDUSTRIAL DISTRIBUTORS INC.

Borrower Address

43 Sherman Dr

Borrower City

Oxford

Borrower State

AL

Borrower Zip

36203-6070

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108030.00

Current Approval Amount

108030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oxford

Project County Name

CALHOUN

Project State

AL

Project Zip

36203-6070

CD

AL-03

Jobs Reported

6

NAICS Code

423840

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

108028.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109574.98

Forgiveness Date

07/13/2022

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