PPP Loan information for Channell inc

$68,700

Channell inc was initially approved for PPP Loan of amount $68,700, the current approved amount is $68,700. The loan was approved on 04/07/2020 by The River Bank & Trust reported 7 jobs and $68,700 was used to fund payroll.

Channell inc is Existing or more than 2 years old

CHANNELL INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CHANNELL INC

Borrower Address

5030 HIGHWAY 280

Borrower City

ALEXANDER CITY

Borrower State

AL

Borrower Zip

35010-7217

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68700.00

Current Approval Amount

68700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

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

35010-7217

CD

AL-03

Jobs Reported

7

NAICS Code

524113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

900.00

Payroll Proceed

55800.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69081.67

Forgiveness Date

11/02/2020

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