PPP Loan information for Shoals construction

$13,570

Shoals construction was initially approved for PPP Loan of amount $13,570, the current approved amount is $13,570. The loan was approved on 06/24/2020 by The Bank of Frankewing reported 1 jobs and $13,570 was used to fund payroll.

Shoals construction is Existing or more than 2 years old

SHOALS CONSTRUCTION

Date Approved

06/24/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHOALS CONSTRUCTION

Borrower Address

1604 Brentwood

Borrower City

Muscle Shoals

Borrower State

AL

Borrower Zip

35661-4716

Loan Status Date

04/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13570.00

Current Approval Amount

13570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66989

Servicing Lender Name

Bank of Frankewing

Servicing Lender Address

2324 Hwy 64

Servicing Lender City

FRANKEWING

Servicing Lender State

TN

Servicing Lender Zip

38459

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muscle Shoals

Project County Name

COLBERT

Project State

AL

Project Zip

35661-4716

CD

AL-04

Jobs Reported

1

NAICS Code

238350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13570.00

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

Sole Proprietorship

Originating Lender Location Id

66989

Originating Lender

Bank of Frankewing

Originating Lender City

FRANKEWING

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

13678.93

Forgiveness Date

04/15/2021

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