PPP Loan information for Sherwood industries, inc

$158,000

Sherwood industries, inc was initially approved for PPP Loan of amount $158,000, the current approved amount is $158,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 25 jobs and $158,000 was used to fund payroll.

Sherwood industries, inc is Existing or more than 2 years old

PPP Loan Search / AL / ARAB / Sherwood industries, inc

SHERWOOD INDUSTRIES, INC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHERWOOD INDUSTRIES, INC

Borrower Address

748 S MAIN ST

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016-8401

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158000.00

Current Approval Amount

158000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARAB

Project County Name

CULLMAN

Project State

AL

Project Zip

35016-8401

CD

AL-04

Jobs Reported

25

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8400.00

Payroll Proceed

140000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9600.00

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

159413.22

Forgiveness Date

03/02/2021

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