PPP Loan information for Alabama coal cooperative

$239,992

Alabama coal cooperative was initially approved for PPP Loan of amount $239,992, the current approved amount is $239,992. The loan was approved on 04/01/2021 by The Cullman Savings Bank reported 11 jobs and $239,992 was used to fund payroll.

Alabama coal cooperative is Existing or more than 2 years old

PPP Loan Search / AL / Cullman / Alabama coal cooperative

ALABAMA COAL COOPERATIVE

Date Approved

04/01/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ALABAMA COAL COOPERATIVE

Borrower Address

3323 AL Highway 157

Borrower City

Cullman

Borrower State

AL

Borrower Zip

35058-5950

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239992.00

Current Approval Amount

239992.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86282

Servicing Lender Name

Cullman Savings Bank

Servicing Lender Address

316 2nd Ave Southwest

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-4117

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cullman

Project County Name

CULLMAN

Project State

AL

Project Zip

35058-5950

CD

AL-04

Jobs Reported

11

NAICS Code

423520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

239990.00

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

Cooperative

Originating Lender Location Id

86282

Originating Lender

Cullman Savings Bank

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

241438.62

Forgiveness Date

11/15/2021

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