PPP Loan information for Amal foods inc

$195,709

Amal foods inc was initially approved for PPP Loan of amount $195,709, the current approved amount is $195,709. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 27 jobs and $195,709 was used to fund payroll.

Amal foods inc is Existing or more than 2 years old

AMAL FOODS INC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AMAL FOODS INC

Borrower Address

3228 LORNA RD

Borrower City

VESTAVIA HILLS

Borrower State

AL

Borrower Zip

35216-5404

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195709.00

Current Approval Amount

195709.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VESTAVIA HILLS

Project County Name

JEFFERSON

Project State

AL

Project Zip

35216-5404

CD

AL-06

Jobs Reported

27

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195709.00

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

Partnership

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198160.80

Forgiveness Date

07/09/2021

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