PPP Loan information for Shelby ridge acquisition corporation

$1,116,200

Shelby ridge acquisition corporation was initially approved for PPP Loan of amount $1,116,200, the current approved amount is $1,116,200. The loan was approved on 05/27/2020 by The ServisFirst Bank reported 200 jobs and $1,116,200 was used to fund payroll.

Shelby ridge acquisition corporation is Existing or more than 2 years old

SHELBY RIDGE ACQUISITION CORPORATION

Date Approved

05/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHELBY RIDGE ACQUISITION CORPORATION

Borrower Address

881 3RD ST NE

Borrower City

ALABASTER

Borrower State

AL

Borrower Zip

35007-8954

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1116200.00

Current Approval Amount

1116200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALABASTER

Project County Name

SHELBY

Project State

AL

Project Zip

35007-8954

CD

AL-06

Jobs Reported

200

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1116200.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1135640.48

Forgiveness Date

02/16/2022

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