PPP Loan information for Alabama painting inc

$924,586

Alabama painting inc was initially approved for PPP Loan of amount $924,586, the current approved amount is $924,586. The loan was approved on 01/20/2021 by The Bank Independent reported 80 jobs and $924,586 was used to fund payroll.

Alabama painting inc is Existing or more than 2 years old

ALABAMA PAINTING INC

Date Approved

01/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ALABAMA PAINTING INC

Borrower Address

3021 Central Ave

Borrower City

Muscle Shoals

Borrower State

AL

Borrower Zip

35661-1167

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

924585.87

Current Approval Amount

924585.87

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

35661-1167

CD

AL-04

Jobs Reported

80

NAICS Code

238320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

924582.87

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

928130.12

Forgiveness Date

06/15/2021

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