PPP Loan information for Myers carpet company

$715,062

Myers carpet company was initially approved for PPP Loan of amount $715,062, the current approved amount is $715,062. The loan was approved on 03/27/2021 by The Regions Bank reported 60 jobs and $715,062 was used to fund payroll.

Myers carpet company is Existing or more than 2 years old

MYERS CARPET COMPANY

Date Approved

03/27/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MYERS CARPET COMPANY

Borrower Address

3096 N Dug Gap Rd SW

Borrower City

Dalton

Borrower State

GA

Borrower Zip

30720-4988

Loan Status Date

02/11/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

715062.00

Current Approval Amount

715062.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dalton

Project County Name

WHITFIELD

Project State

GA

Project Zip

30720-4988

CD

GA-14

Jobs Reported

60

NAICS Code

442210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

715062.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

727404.17

Forgiveness Date

12/22/2022

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