PPP Loan information for General repairs services inc.

$124,355

General repairs services inc. was initially approved for PPP Loan of amount $124,355, the current approved amount is $124,355. The loan was approved on 02/09/2021 by The Bank Independent reported 7 jobs and $124,355 was used to fund payroll.

General repairs services inc. is Existing or more than 2 years old

GENERAL REPAIRS SERVICES INC.

Date Approved

02/09/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

GENERAL REPAIRS SERVICES INC.

Borrower Address

1401 5th Ave SE

Borrower City

Decatur

Borrower State

AL

Borrower Zip

35601-4207

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124355.00

Current Approval Amount

124355.00

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

7

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124352.00

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

125460.38

Forgiveness Date

01/06/2022

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