PPP Loan information for Whaley construction company, inc

$656,300

Whaley construction company, inc was initially approved for PPP Loan of amount $656,300, the current approved amount is $656,300. The loan was approved on 04/06/2020 by The Troy Bank & Trust Company reported 61 jobs and $656,300 was used to fund payroll.

Whaley construction company, inc is Existing or more than 2 years old

WHALEY CONSTRUCTION COMPANY, INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WHALEY CONSTRUCTION COMPANY, INC

Borrower Address

225 W. MADISON STREET

Borrower City

TROY

Borrower State

AL

Borrower Zip

36081-2525

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

656300.00

Current Approval Amount

656300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3323

Servicing Lender Name

Troy Bank & Trust Company

Servicing Lender Address

1000 US Hwy 231 S

Servicing Lender City

TROY

Servicing Lender State

AL

Servicing Lender Zip

36081-3104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

PIKE

Project State

AL

Project Zip

36081-2525

CD

AL-02

Jobs Reported

61

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

606300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3323

Originating Lender

Troy Bank & Trust Company

Originating Lender City

TROY

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

659914.15

Forgiveness Date

11/03/2020

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