PPP Loan information for Alabama owners group inc

$64,900

Alabama owners group inc was initially approved for PPP Loan of amount $64,900, the current approved amount is $64,900. The loan was approved on 04/08/2020 by The Peoples Bank of Alabama reported 24 jobs and $64,900 was used to fund payroll.

Alabama owners group inc is Existing or more than 2 years old

ALABAMA OWNERS GROUP INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA OWNERS GROUP INC

Borrower Address

2048 St Joseph NW

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35058-2048

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64900.00

Current Approval Amount

64900.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

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

35058-2048

CD

AL-04

Jobs Reported

24

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

16196.67

Payroll Proceed

48703.33

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55284.30

Forgiveness Date

12/22/2020

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