PPP Loan information for Alabama painting, inc

$930,337

Alabama painting, inc was initially approved for PPP Loan of amount $930,337, the current approved amount is $930,337. The loan was approved on 04/07/2020 by The Bank Independent reported 58 jobs and $930,337 was used to fund payroll.

Alabama painting, inc is Existing or more than 2 years old

ALABAMA PAINTING, INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA PAINTING, INC

Borrower Address

3021 CENTRAL AVE

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-1167

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

930336.79

Current Approval Amount

930336.79

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

58

NAICS Code

238320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9945.85

Payroll Proceed

826501.74

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

93889.20

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

935531.17

Forgiveness Date

11/03/2020

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