PPP Loan information for Switch inc

$156,996

Switch inc was initially approved for PPP Loan of amount $156,996, the current approved amount is $156,996. The loan was approved on 02/11/2021 by The ServisFirst Bank reported 14 jobs and $156,996 was used to fund payroll.

Switch inc is Existing or more than 2 years old

SWITCH INC

Date Approved

02/11/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SWITCH INC

Borrower Address

297 W Valley Ave

Borrower City

Homewood

Borrower State

AL

Borrower Zip

35209-4817

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156996.00

Current Approval Amount

156996.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Homewood

Project County Name

JEFFERSON

Project State

AL

Project Zip

35209-4817

CD

AL-07

Jobs Reported

14

NAICS Code

443142

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

156993.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158094.97

Forgiveness Date

10/25/2021

;