PPP Loan information for Grace life of the shoals

$303,600

Grace life of the shoals was initially approved for PPP Loan of amount $303,600, the current approved amount is $303,600. The loan was approved on 04/07/2020 by The First Metro Bank reported 24 jobs and $303,600 was used to fund payroll.

Grace life of the shoals is Existing or more than 2 years old

PPP Loan Search / AL / MUSCLE SHOALS / Grace life of the shoals

GRACE LIFE OF THE SHOALS

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GRACE LIFE OF THE SHOALS

Borrower Address

1915 AVALON AVE

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-3119

Loan Status Date

10/21/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

303600.00

Current Approval Amount

303600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-3119

CD

AL-04

Jobs Reported

24

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30360.00

Payroll Proceed

227700.00

Mortgage Interest Proceed

45540.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

0.00

Forgiveness Date

;