PPP Loan information for Alabama merchandising inc

$25,600

Alabama merchandising inc was initially approved for PPP Loan of amount $25,600, the current approved amount is $25,600. The loan was approved on 04/30/2020 by The Regions Bank reported 3 jobs and $25,600 was used to fund payroll.

Alabama merchandising inc is Existing or more than 2 years old

ALABAMA MERCHANDISING INC

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA MERCHANDISING INC

Borrower Address

213 DISTRIBUTION DR

Borrower City

HOMEWOOD

Borrower State

AL

Borrower Zip

35209

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25600.00

Current Approval Amount

25600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOMEWOOD

Project County Name

JEFFERSON

Project State

AL

Project Zip

35209-0001

CD

AL-06

Jobs Reported

3

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25600.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25809.01

Forgiveness Date

03/02/2021

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