PPP Loan information for Arc of madison county, incorporated

$867,449

Arc of madison county, incorporated was initially approved for PPP Loan of amount $867,449, the current approved amount is $867,449. The loan was approved on 04/14/2020 by The Bryant Bank reported 212 jobs and $867,449 was used to fund payroll.

Arc of madison county, incorporated is Existing or more than 2 years old

ARC OF MADISON COUNTY, INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ARC OF MADISON COUNTY, INCORPORATED

Borrower Address

1100 WASHINGTON ST NW

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35801

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

867449.00

Current Approval Amount

867449.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434580

Servicing Lender Name

Bryant Bank

Servicing Lender Address

1550 McFarland Blvd North

Servicing Lender City

TUSCALOOSA

Servicing Lender State

AL

Servicing Lender Zip

35406-2211

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35801-0099

CD

AL-05

Jobs Reported

212

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

867449.00

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

Non-Profit Organization

Originating Lender Location Id

434580

Originating Lender

Bryant Bank

Originating Lender City

TUSCALOOSA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

875665.67

Forgiveness Date

03/24/2021

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