PPP Loan information for Townsend building supply, inc.

$932,000

Townsend building supply, inc. was initially approved for PPP Loan of amount $932,000, the current approved amount is $932,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 115 jobs and $932,000 was used to fund payroll.

Townsend building supply, inc. is Existing or more than 2 years old

PPP Loan Search / AL / DOTHAN / Townsend building supply, inc.

TOWNSEND BUILDING SUPPLY, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TOWNSEND BUILDING SUPPLY, INC.

Borrower Address

868 MURRAY ROAD

Borrower City

DOTHAN

Borrower State

AL

Borrower Zip

36303-5718

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

932000.00

Current Approval Amount

932000.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DOTHAN

Project County Name

HOUSTON

Project State

AL

Project Zip

36303-5718

CD

AL-02

Jobs Reported

115

NAICS Code

444110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26000.00

Payroll Proceed

796000.00

Mortgage Interest Proceed

8000.00

Rent Proceed

90000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

12000

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

937799.11

Forgiveness Date

11/24/2020

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