PPP Loan information for Contracting and materials inc

$212,764

Contracting and materials inc was initially approved for PPP Loan of amount $212,764, the current approved amount is $212,764. The loan was approved on 01/20/2021 by The United Community Bank reported 14 jobs and $212,764 was used to fund payroll.

Contracting and materials inc is Existing or more than 2 years old

CONTRACTING AND MATERIALS INC

Date Approved

01/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CONTRACTING AND MATERIALS INC

Borrower Address

797 Old Trinity Rd

Borrower City

Decatur

Borrower State

AL

Borrower Zip

35601-7428

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212763.80

Current Approval Amount

212763.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

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

35601-7428

CD

AL-05

Jobs Reported

14

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

212759.80

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

214915.08

Forgiveness Date

01/26/2022

;