PPP Loan information for Backwater marine towing & salvage, l.l.c.

$16,087

Backwater marine towing & salvage, l.l.c. was initially approved for PPP Loan of amount $16,087, the current approved amount is $16,087. The loan was approved on 04/13/2020 by The Valley National Bank reported 3 jobs and $16,087 was used to fund payroll.

Backwater marine towing & salvage, l.l.c. is Existing or more than 2 years old

PPP Loan Search / AL / ALEXANDER CITY / Backwater marine towing & salvage, l.l.c.

BACKWATER MARINE TOWING & SALVAGE, L.L.C.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BACKWATER MARINE TOWING & SALVAGE, L.L.C.

Borrower Address

2036 CHEROKEE ROAD SUITE 197

Borrower City

ALEXANDER CITY

Borrower State

AL

Borrower Zip

35010-3439

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16087.00

Current Approval Amount

16087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDER CITY

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

35010-3439

CD

AL-03

Jobs Reported

3

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16087.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16247.42

Forgiveness Date

04/15/2021

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