PPP Loan information for Garnett's lawn equipment inc

$80,900

Garnett's lawn equipment inc was initially approved for PPP Loan of amount $80,900, the current approved amount is $80,900. The loan was approved on 04/10/2020 by The Peoples Bank of Alabama reported 8 jobs and $80,900 was used to fund payroll.

Garnett's lawn equipment inc is Existing or more than 2 years old

PPP Loan Search / AL / HARTSELLE / Garnett's lawn equipment inc

GARNETT'S LAWN EQUIPMENT INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GARNETT'S LAWN EQUIPMENT INC

Borrower Address

2305 HIGHWAY 31 SW

Borrower City

HARTSELLE

Borrower State

AL

Borrower Zip

35640

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80900.00

Current Approval Amount

80900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARTSELLE

Project County Name

MORGAN

Project State

AL

Project Zip

35640-0001

CD

AL-05

Jobs Reported

8

NAICS Code

444210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2093.00

Payroll Proceed

73474.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2333

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81509.00

Forgiveness Date

01/08/2021

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