PPP Loan information for Mack butler

$220,000

Mack butler was initially approved for PPP Loan of amount $220,000, the current approved amount is $220,000. The loan was approved on 02/06/2021 by The Peoples Bank of Alabama reported 27 jobs and $220,000 was used to fund payroll.

Mack butler is Existing or more than 2 years old

MACK BUTLER

Date Approved

02/06/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MACK BUTLER

Borrower Address

3518 Montrose Ave

Borrower City

Rainbow City

Borrower State

AL

Borrower Zip

35906-3305

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220000.00

Current Approval Amount

220000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rainbow City

Project County Name

ETOWAH

Project State

AL

Project Zip

35906-3305

CD

AL-04

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

219997.00

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

Sole Proprietorship

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

220990.00

Forgiveness Date

07/21/2021

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