PPP Loan information for Alabama rural water association inc

$217,300

Alabama rural water association inc was initially approved for PPP Loan of amount $217,330, the current approved amount is $217,300. The loan was approved on 01/27/2021 by The AmeriFirst Bank reported 14 jobs and $217,300 was used to fund payroll.

Alabama rural water association inc is Existing or more than 2 years old

PPP Loan Search / AL / MONTGOMERY / Alabama rural water association inc

ALABAMA RURAL WATER ASSOCIATION INC

Date Approved

01/27/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA RURAL WATER ASSOCIATION INC

Borrower Address

2756 BELL RD

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36117-6890

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

217330.00

Current Approval Amount

217300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3328

Servicing Lender Name

AmeriFirst Bank

Servicing Lender Address

8165 Vaughn Rd

Servicing Lender City

MONTGOMERY

Servicing Lender State

AL

Servicing Lender Zip

36116

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36117-6890

CD

AL-02

Jobs Reported

14

NAICS Code

813910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

217295.00

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

3328

Originating Lender

AmeriFirst Bank

Originating Lender City

MONTGOMERY

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

218132.98

Forgiveness Date

06/15/2021

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