Date Approved
01/20/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
PARKES MECHANICAL & METALS INC.
Borrower Address
3690 2nd St
Borrower City
Muscle Shoals
Borrower State
AL
Borrower Zip
35661-1276
Loan Status Date
03/10/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1637727.00
Current Approval Amount
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
Servicing Lender Zip
35661-2808
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COLBERT
Project State
Project Zip
CD
AL-04
Jobs Reported
90
NAICS Code
811118
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
1637725.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1654058.78
Forgiveness Date
01/24/2022