PPP Loan information for Farrell corporation

$186,855

Farrell corporation was initially approved for PPP Loan of amount $186,855, the current approved amount is $186,855. The loan was approved on 04/14/2020 by The Premier Bank of the South reported 19 jobs and $186,855 was used to fund payroll.

Farrell corporation is Existing or more than 2 years old

PPP Loan Search / AL / DECATUR / Farrell corporation

FARRELL CORPORATION

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FARRELL CORPORATION

Borrower Address

1010 8th Ave NE

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601-2434

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186855.00

Current Approval Amount

186855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112149

Servicing Lender Name

Premier Bank of the South

Servicing Lender Address

101 First Ave NW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-3425

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

35601-2434

CD

AL-05

Jobs Reported

19

NAICS Code

424690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23356.87

Payroll Proceed

140141.25

Mortgage Interest Proceed

23356.88

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

112149

Originating Lender

Premier Bank of the South

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188085.13

Forgiveness Date

12/08/2020

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