PPP Loan information for Premium compounding inc

$70,030

Premium compounding inc was initially approved for PPP Loan of amount $70,030, the current approved amount is $70,030. The loan was approved on 04/28/2020 by The Bank Independent reported 12 jobs and $70,030 was used to fund payroll.

Premium compounding inc is New Business or 2 years or less

PPP Loan Search / AL / Decatur / Premium compounding inc

PREMIUM COMPOUNDING INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PREMIUM COMPOUNDING INC

Borrower Address

3220 Highway 31 S STE A2 A2

Borrower City

Decatur

Borrower State

AL

Borrower Zip

35603

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70029.87

Current Approval Amount

70029.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Decatur

Project County Name

MORGAN

Project State

AL

Project Zip

35603-1000

CD

AL-05

Jobs Reported

12

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70029.87

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70918.86

Forgiveness Date

08/09/2021

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