PPP Loan information for Shoals fabricating inc

$33,955

Shoals fabricating inc was initially approved for PPP Loan of amount $33,955, the current approved amount is $33,955. The loan was approved on 04/15/2020 by The First Southern Bank reported 5 jobs and $33,955 was used to fund payroll.

Shoals fabricating inc is Existing or more than 2 years old

SHOALS FABRICATING INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHOALS FABRICATING INC

Borrower Address

2719 AVALON AVE

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-2705

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33955.00

Current Approval Amount

33955.00

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

5

NAICS Code

332312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33955.00

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

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

34372.84

Forgiveness Date

07/08/2021

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