Date Approved
05/11/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
INFRARED ENTERTAINMENT
Borrower Address
Ivey Hart Lane
Borrower City
Eufaula
Borrower State
AL
Borrower Zip
36027
Loan Status Date
11/20/2021
Loan Status
Charged Off
Term
5
SBA Guaranty Percentage
100
Initial Approval Amount
500250.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
223542
Servicing Lender Name
Celtic Bank Corporation
Servicing Lender Address
268 S State St, Ste 300
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-5314
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BARBOUR
Project State
Project Zip
36027-1000
CD
AL-02
Jobs Reported
29
NAICS Code
551112
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
62531.25
Payroll Proceed
375187.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date