PPP Loan information for Backwater investments inc

$23,750

Backwater investments inc was initially approved for PPP Loan of amount $23,750, the current approved amount is $23,750. The loan was approved on 02/18/2021 by The Synovus Bank reported 10 jobs and $23,750 was used to fund payroll.

Backwater investments inc is Existing or more than 2 years old

PPP Loan Search / AL / Valley / Backwater investments inc

BACKWATER INVESTMENTS INC

Date Approved

02/18/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

BACKWATER INVESTMENTS INC

Borrower Address

1601 Lee Road 353

Borrower City

Valley

Borrower State

AL

Borrower Zip

36854-6793

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23750.00

Current Approval Amount

23750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valley

Project County Name

LEE

Project State

AL

Project Zip

36854-6793

CD

AL-03

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

23748.00

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

Subchapter S Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23835.89

Forgiveness Date

07/02/2021

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