PPP Loan information for Sherwood management inc

$127,579

Sherwood management inc was initially approved for PPP Loan of amount $127,579, the current approved amount is $127,579. The loan was approved on 04/07/2020 by The Bank Independent reported 45 jobs and $127,579 was used to fund payroll.

Sherwood management inc is Existing or more than 2 years old

SHERWOOD MANAGEMENT INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHERWOOD MANAGEMENT INC

Borrower Address

1009 Line St NE

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601-1807

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127579.07

Current Approval Amount

127579.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

Y

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

35601-1807

CD

AL-05

Jobs Reported

45

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127579.07

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

Subchapter S Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129134.83

Forgiveness Date

06/29/2021

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