PPP Loan information for Ropak manufacturing company, inc

$602,900

Ropak manufacturing company, inc was initially approved for PPP Loan of amount $602,900, the current approved amount is $602,900. The loan was approved on 04/09/2020 by The Peoples Bank of Alabama reported 38 jobs and $602,900 was used to fund payroll.

Ropak manufacturing company, inc is Existing or more than 2 years old

PPP Loan Search / AL / DECATUR / Ropak manufacturing company, inc

ROPAK MANUFACTURING COMPANY, INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ROPAK MANUFACTURING COMPANY, INC

Borrower Address

1019 CEDAR LAKE RD SE

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35603-1415

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

602900.00

Current Approval Amount

602900.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35603-1415

CD

AL-05

Jobs Reported

38

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7200.00

Payroll Proceed

595700.00

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

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

608828.52

Forgiveness Date

03/31/2021

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