PPP Loan information for Greenerack inc.

$798,800

Greenerack inc. was initially approved for PPP Loan of amount $798,800, the current approved amount is $798,800. The loan was approved on 01/22/2021 by The Merchants & Farmers Bank of Greene County reported 85 jobs and $798,800 was used to fund payroll.

Greenerack inc. is Existing or more than 2 years old

GREENERACK INC.

Date Approved

01/22/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

GREENERACK INC.

Borrower Address

524 County Road 208

Borrower City

Eutaw

Borrower State

AL

Borrower Zip

35462-3717

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

798800.00

Current Approval Amount

798800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1972

Servicing Lender Name

Merchants & Farmers Bank of Greene County

Servicing Lender Address

302 Prairie Ave

Servicing Lender City

EUTAW

Servicing Lender State

AL

Servicing Lender Zip

35462-5112

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eutaw

Project County Name

GREENE

Project State

AL

Project Zip

35462-3717

CD

AL-07

Jobs Reported

85

NAICS Code

713290

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

798794.00

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

1972

Originating Lender

Merchants & Farmers Bank of Greene County

Originating Lender City

EUTAW

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

804280.66

Forgiveness Date

10/04/2021

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