PPP Loan information for Russell lands inc.

$470,000

Russell lands inc. was initially approved for PPP Loan of amount $470,000, the current approved amount is $470,000. The loan was approved on 04/30/2020 by The Regions Bank reported 48 jobs and $470,000 was used to fund payroll.

Russell lands inc. is Existing or more than 2 years old

RUSSELL LANDS INC.

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RUSSELL LANDS INC.

Borrower Address

2544 WILLOW POINT RD

Borrower City

ALEXANDER CITY

Borrower State

AL

Borrower Zip

35010-6218

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470000.00

Current Approval Amount

470000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDER CITY

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

35010-6218

CD

AL-03

Jobs Reported

48

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

470000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

472317.81

Forgiveness Date

11/03/2020

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