PPP Loan information for Area real estate inc

$61,011

Area real estate inc was initially approved for PPP Loan of amount $61,011, the current approved amount is $61,011. The loan was approved on 04/10/2020 by The First Bank of Alabama reported 14 jobs and $61,011 was used to fund payroll.

Area real estate inc is Existing or more than 2 years old

AREA REAL ESTATE INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AREA REAL ESTATE INC

Borrower Address

1102 West Ft Williams Street

Borrower City

SYLACAUGA

Borrower State

AL

Borrower Zip

35150-2304

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61010.72

Current Approval Amount

61010.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3305

Servicing Lender Name

First Bank of Alabama

Servicing Lender Address

120 North St East

Servicing Lender City

TALLADEGA

Servicing Lender State

AL

Servicing Lender Zip

35160-2100

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SYLACAUGA

Project County Name

TALLADEGA

Project State

AL

Project Zip

35150-2304

CD

AL-03

Jobs Reported

14

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61010.72

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

3305

Originating Lender

First Bank of Alabama

Originating Lender City

TALLADEGA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61739.46

Forgiveness Date

06/22/2021

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