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
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
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
Project County Name
MORGAN
Project State
Project Zip
CD
AL-05
Jobs Reported
45
NAICS Code
623312
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
129134.83
Forgiveness Date
06/29/2021