PPP Loan information for Area properties, llc

$103,500

Area properties, llc was initially approved for PPP Loan of amount $103,500, the current approved amount is $103,500. The loan was approved on 04/10/2020 by The Cadence Bank reported 24 jobs and $103,500 was used to fund payroll.

Area properties, llc is Existing or more than 2 years old

PPP Loan Search / AL / TUSCALOOSA / Area properties, llc

AREA PROPERTIES, LLC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AREA PROPERTIES, LLC

Borrower Address

3801 MCFARLAND BLVD

Borrower City

TUSCALOOSA

Borrower State

AL

Borrower Zip

35405-2403

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103500.00

Current Approval Amount

103500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUSCALOOSA

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35405-2403

CD

AL-07

Jobs Reported

24

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12937.50

Payroll Proceed

77625.00

Mortgage Interest Proceed

0.00

Rent Proceed

12937.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104494.75

Forgiveness Date

04/15/2021

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