PPP Loan information for R & m sales, inc

$134,700

R & m sales, inc was initially approved for PPP Loan of amount $134,700, the current approved amount is $134,700. The loan was approved on 04/04/2020 by The Peoples Independent Bank reported 10 jobs and $134,700 was used to fund payroll.

R & m sales, inc is Existing or more than 2 years old

PPP Loan Search / AL / ASHVILLE / R & m sales, inc

R & M SALES, INC

Date Approved

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

R & M SALES, INC

Borrower Address

47 6TH AVE

Borrower City

ASHVILLE

Borrower State

AL

Borrower Zip

35953-3220

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134700.00

Current Approval Amount

134700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHVILLE

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35953-3220

CD

AL-03

Jobs Reported

10

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8750.00

Payroll Proceed

101025.00

Mortgage Interest Proceed

24925.00

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

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

135541.88

Forgiveness Date

11/19/2020

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