PPP Loan information for Alabama mountain lakes tourist association

$104,640

Alabama mountain lakes tourist association was initially approved for PPP Loan of amount $104,640, the current approved amount is $104,640. The loan was approved on 04/08/2021 by The Regions Bank reported 9 jobs and $104,640 was used to fund payroll.

Alabama mountain lakes tourist association is Existing or more than 2 years old

ALABAMA MOUNTAIN LAKES TOURIST ASSOCIATION

Date Approved

04/08/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA MOUNTAIN LAKES TOURIST ASSOCIATION

Borrower Address

402 Sherman St SE

Borrower City

Decatur

Borrower State

AL

Borrower Zip

35601-3010

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

104640.00

Current Approval Amount

104640.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MORGAN

Project State

AL

Project Zip

35601-3010

CD

AL-05

Jobs Reported

9

NAICS Code

813910

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

104637.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

105376.78

Forgiveness Date

12/23/2021

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