PPP Loan information for Building construction associates inc.

$187,713

Building construction associates inc. was initially approved for PPP Loan of amount $187,713, the current approved amount is $187,713. The loan was approved on 01/23/2021 by The Merit Bank reported 20 jobs and $187,713 was used to fund payroll.

Building construction associates inc. is Existing or more than 2 years old

PPP Loan Search / AL / Decatur / Building construction associates inc.

BUILDING CONSTRUCTION ASSOCIATES INC.

Date Approved

01/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

BUILDING CONSTRUCTION ASSOCIATES INC.

Borrower Address

204 Pride Ln

Borrower City

Decatur

Borrower State

AL

Borrower Zip

35603-1608

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187713.18

Current Approval Amount

187713.18

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MORGAN

Project State

AL

Project Zip

35603-1608

CD

AL-05

Jobs Reported

20

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187711.18

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188625.67

Forgiveness Date

07/21/2021

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