PPP Loan information for Store #1 & #2

$88,814

Store #1 & #2 was initially approved for PPP Loan of amount $88,814, the current approved amount is $88,814. The loan was approved on 04/09/2020 by The Southern Independent Bank reported 31 jobs and $88,814 was used to fund payroll.

Store #1 & #2 is Existing or more than 2 years old

PPP Loan Search / AL / OPP / Store #1 & #2

STORE #1 & #2

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

STORE #1 & #2

Borrower Address

1320 OLD PERRY STORE RD

Borrower City

OPP

Borrower State

AL

Borrower Zip

36467-2538

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88814.12

Current Approval Amount

88814.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444795

Servicing Lender Name

Southern Independent Bank

Servicing Lender Address

503 N Main St

Servicing Lender City

OPP

Servicing Lender State

AL

Servicing Lender Zip

36467-1629

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OPP

Project County Name

COVINGTON

Project State

AL

Project Zip

36467-2538

CD

AL-02

Jobs Reported

31

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88814.12

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

444795

Originating Lender

Southern Independent Bank

Originating Lender City

OPP

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89514.76

Forgiveness Date

01/26/2021

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