PPP Loan information for U corp inc

$59,895

U corp inc was initially approved for PPP Loan of amount $59,895, the current approved amount is $59,895. The loan was approved on 04/13/2020 by The Cadence Bank reported 9 jobs and $59,895 was used to fund payroll.

U corp inc is New Business or 2 years or less

U CORP INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

U CORP INC

Borrower Address

2428 LINDEN AVE

Borrower City

HOMEWOOD

Borrower State

AL

Borrower Zip

35209

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59895.00

Current Approval Amount

59895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HOMEWOOD

Project County Name

JEFFERSON

Project State

AL

Project Zip

35209-0001

CD

AL-06

Jobs Reported

9

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59895.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60485.63

Forgiveness Date

04/13/2021

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