PPP Loan information for Area propane inc.

$46,148

Area propane inc. was initially approved for PPP Loan of amount $46,148, the current approved amount is $46,148. The loan was approved on 04/09/2020 by The Farmers and Merchants Bank reported 5 jobs and $46,148 was used to fund payroll.

Area propane inc. is Existing or more than 2 years old

PPP Loan Search / AL / DADEVILLE / Area propane inc.

AREA PROPANE INC.

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AREA PROPANE INC.

Borrower Address

1828 E SOUTH ST

Borrower City

DADEVILLE

Borrower State

AL

Borrower Zip

36853-6253

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46147.50

Current Approval Amount

46147.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DADEVILLE

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

36853-6253

CD

AL-03

Jobs Reported

5

NAICS Code

454310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46147.50

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

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46515.40

Forgiveness Date

01/25/2021

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