PPP Loan information for Infrared entertainment

$500,250

Infrared entertainment was initially approved for PPP Loan of amount $500,250, the current approved amount is $500,250. The loan was approved on 05/11/2020 by The Celtic Bank Corporation reported 29 jobs and $500,250 was used to fund payroll.

Infrared entertainment is Existing or more than 2 years old

INFRARED ENTERTAINMENT

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

500250.00

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

Eufaula

Project County Name

BARBOUR

Project State

AL

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

0.00

Rent Proceed

62531.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;