PPP Loan information for Arab cartage & expre

$840,417

Arab cartage & expre was initially approved for PPP Loan of amount $840,417, the current approved amount is $840,417. The loan was approved on 02/04/2021 by The Peoples Bank of Alabama reported 67 jobs and $840,417 was used to fund payroll.

Arab cartage & expre is Existing or more than 2 years old

PPP Loan Search / AL / Arab / Arab cartage & expre

ARAB CARTAGE & EXPRE

Date Approved

02/04/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ARAB CARTAGE & EXPRE

Borrower Address

1101 Nathan Rd SW

Borrower City

Arab

Borrower State

AL

Borrower Zip

35016-1761

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

840417.40

Current Approval Amount

840417.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arab

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-1761

CD

AL-04

Jobs Reported

67

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

840414.40

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

849661.99

Forgiveness Date

03/09/2022

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