PPP Loan information for General repair service, inc.

$101,842

General repair service, inc. was initially approved for PPP Loan of amount $101,842, the current approved amount is $101,842. The loan was approved on 04/14/2020 by The Bank Independent reported 8 jobs and $101,842 was used to fund payroll.

General repair service, inc. is Existing or more than 2 years old

GENERAL REPAIR SERVICE, INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GENERAL REPAIR SERVICE, INC.

Borrower Address

1401 5TH AVE SE

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601-4207

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101842.00

Current Approval Amount

101842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

Y

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

35601-4207

CD

AL-05

Jobs Reported

8

NAICS Code

811412

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

101842.00

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102636.93

Forgiveness Date

01/28/2021

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