PPP Loan information for Beltline electric motor repair inc

$54,213

Beltline electric motor repair inc was initially approved for PPP Loan of amount $54,213, the current approved amount is $54,213. The loan was approved on 04/28/2020 by The Bank Independent reported 5 jobs and $54,213 was used to fund payroll.

Beltline electric motor repair inc is Existing or more than 2 years old

PPP Loan Search / AL / Decatur / Beltline electric motor repair inc

BELTLINE ELECTRIC MOTOR REPAIR INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BELTLINE ELECTRIC MOTOR REPAIR INC

Borrower Address

520 Trinity Lane SW

Borrower City

Decatur

Borrower State

AL

Borrower Zip

35601

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54213.00

Current Approval Amount

54213.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MORGAN

Project State

AL

Project Zip

35601-0001

CD

AL-05

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54213.00

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

Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54679.83

Forgiveness Date

03/05/2021

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