PPP Loan information for Andress engineering associates inc

$658,362

Andress engineering associates inc was initially approved for PPP Loan of amount $658,362, the current approved amount is $658,362. The loan was approved on 01/17/2021 by The SouthPoint Bank reported 42 jobs and $658,362 was used to fund payroll.

Andress engineering associates inc is Existing or more than 2 years old

ANDRESS ENGINEERING ASSOCIATES INC

Date Approved

01/17/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ANDRESS ENGINEERING ASSOCIATES INC

Borrower Address

131 Airpark Industrial Rd

Borrower City

Alabaster

Borrower State

AL

Borrower Zip

35007-9598

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

658362.00

Current Approval Amount

658362.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alabaster

Project County Name

SHELBY

Project State

AL

Project Zip

35007-9598

CD

AL-06

Jobs Reported

42

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

658357.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

662037.85

Forgiveness Date

08/11/2021

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