PPP Loan information for Bruce management and subsidiairies

$1,674,723

Bruce management and subsidiairies was initially approved for PPP Loan of amount $1,674,723, the current approved amount is $1,674,723. The loan was approved on 04/15/2020 by The First Southern State Bank reported 375 jobs and $1,674,723 was used to fund payroll.

Bruce management and subsidiairies is Existing or more than 2 years old

PPP Loan Search / AL / FORT PAYNE / Bruce management and subsidiairies

BRUCE MANAGEMENT AND SUBSIDIAIRIES

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BRUCE MANAGEMENT AND SUBSIDIAIRIES

Borrower Address

1030 AIRPORT RD W

Borrower City

FORT PAYNE

Borrower State

AL

Borrower Zip

35968-3322

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1674723.00

Current Approval Amount

1674723.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3284

Servicing Lender Name

First Southern State Bank

Servicing Lender Address

80 Bank St

Servicing Lender City

STEVENSON

Servicing Lender State

AL

Servicing Lender Zip

35772-3782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT PAYNE

Project County Name

DE KALB

Project State

AL

Project Zip

35968-3322

CD

AL-04

Jobs Reported

375

NAICS Code

551112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

189000.00

Payroll Proceed

1289723.00

Mortgage Interest Proceed

0.00

Rent Proceed

196000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3284

Originating Lender

First Southern State Bank

Originating Lender City

STEVENSON

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1689004.67

Forgiveness Date

02/24/2021

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