PPP Loan information for River city equipment rental & sales, inc.

$484,200

River city equipment rental & sales, inc. was initially approved for PPP Loan of amount $484,200, the current approved amount is $484,200. The loan was approved on 04/11/2020 by The Peoples Bank of Alabama reported 32 jobs and $484,200 was used to fund payroll.

River city equipment rental & sales, inc. is Existing or more than 2 years old

PPP Loan Search / AL / DECATUR / River city equipment rental & sales, inc.

RIVER CITY EQUIPMENT RENTAL & SALES, INC.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RIVER CITY EQUIPMENT RENTAL & SALES, INC.

Borrower Address

649 Finley Island Rd

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601-7568

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

484200.00

Current Approval Amount

484200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35601-7568

CD

AL-05

Jobs Reported

32

NAICS Code

532490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

406200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

78000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

487670.10

Forgiveness Date

12/30/2020

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