PPP Loan information for Backwater investments, inc.

$17,000

Backwater investments, inc. was initially approved for PPP Loan of amount $17,000, the current approved amount is $17,000. The loan was approved on 05/20/2020 by The Synovus Bank reported 6 jobs and $17,000 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

05/20/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BACKWATER INVESTMENTS, INC.

Borrower Address

1601 Lee Road 353

Borrower City

Valley

Borrower State

AL

Borrower Zip

36854-6793

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17000.00

Current Approval Amount

17000.00

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

6

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17000.00

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

17213.78

Forgiveness Date

08/24/2021

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