PPP Loan information for Management enterprise developm

$347,000

Management enterprise developm was initially approved for PPP Loan of amount $347,000, the current approved amount is $347,000. The loan was approved on 04/12/2020 by The Cadence Bank reported 38 jobs and $347,000 was used to fund payroll.

Management enterprise developm is Existing or more than 2 years old

MANAGEMENT ENTERPRISE DEVELOPM

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MANAGEMENT ENTERPRISE DEVELOPM

Borrower Address

1955 RIDEOUT DR NW

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35806-1636

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

347000.00

Current Approval Amount

347000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35806-1636

CD

AL-05

Jobs Reported

38

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

347000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

351356.78

Forgiveness Date

08/09/2021

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