PPP Loan information for Shoals solenoid, inc.

$39,585

Shoals solenoid, inc. was initially approved for PPP Loan of amount $39,585, the current approved amount is $39,585. The loan was approved on 04/28/2020 by The Bank Independent reported 4 jobs and $39,585 was used to fund payroll.

Shoals solenoid, inc. is Existing or more than 2 years old

SHOALS SOLENOID, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHOALS SOLENOID, INC.

Borrower Address

202 Industrial Dr

Borrower City

Muscle Shoals

Borrower State

AL

Borrower Zip

35661

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39585.00

Current Approval Amount

39585.00

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

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

35661-0099

CD

AL-04

Jobs Reported

4

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39585.00

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

Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39952.26

Forgiveness Date

04/08/2021

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