PPP Loan information for Lauderdale christian nursing home

$612,088

Lauderdale christian nursing home was initially approved for PPP Loan of amount $612,088, the current approved amount is $612,088. The loan was approved on 04/28/2020 by The First Metro Bank reported 129 jobs and $612,088 was used to fund payroll.

Lauderdale christian nursing home is Existing or more than 2 years old

LAUDERDALE CHRISTIAN NURSING HOME

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LAUDERDALE CHRISTIAN NURSING HOME

Borrower Address

2019 COUNTY ROAD 394

Borrower City

KILLEN

Borrower State

AL

Borrower Zip

35645-5525

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612088.00

Current Approval Amount

612088.00

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

KILLEN

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35645-5525

CD

AL-05

Jobs Reported

129

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

61208.80

Payroll Proceed

459066.00

Mortgage Interest Proceed

91813.20

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

619331.04

Forgiveness Date

07/07/2021

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