PPP Loan information for Shoals fabricating inc.

$29,739

Shoals fabricating inc. was initially approved for PPP Loan of amount $29,739, the current approved amount is $29,739. The loan was approved on 04/03/2021 by The First Southern Bank reported 4 jobs and $29,739 was used to fund payroll.

Shoals fabricating inc. is Existing or more than 2 years old

PPP Loan Search / AL / Muscle Shoals / Shoals fabricating inc.

SHOALS FABRICATING INC.

Date Approved

04/03/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SHOALS FABRICATING INC.

Borrower Address

2719 Avalon Ave

Borrower City

Muscle Shoals

Borrower State

AL

Borrower Zip

35661-2705

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29739.20

Current Approval Amount

29739.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119671

Servicing Lender Name

First Southern Bank

Servicing Lender Address

201 S Court St

Servicing Lender City

Florence

Servicing Lender State

AL

Servicing Lender Zip

35630

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

35661-2705

CD

AL-04

Jobs Reported

4

NAICS Code

331210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29732.20

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

119671

Originating Lender

First Southern Bank

Originating Lender City

Florence

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29926.72

Forgiveness Date

11/22/2021

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