PPP Loan information for Clas coal company, inc.

$703,800

Clas coal company, inc. was initially approved for PPP Loan of amount $703,800, the current approved amount is $703,800. The loan was approved on 04/14/2020 by The Truist Bank reported 20 jobs and $703,800 was used to fund payroll.

Clas coal company, inc. is Existing or more than 2 years old

PPP Loan Search / AL / JASPER / Clas coal company, inc.

CLAS COAL COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CLAS COAL COMPANY, INC.

Borrower Address

1466 MCDADE RD

Borrower City

JASPER

Borrower State

AL

Borrower Zip

35501

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

703800.00

Current Approval Amount

703800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JASPER

Project County Name

WALKER

Project State

AL

Project Zip

35501-0100

CD

AL-04

Jobs Reported

20

NAICS Code

212112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

703800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

711444.05

Forgiveness Date

05/21/2021

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