PPP Loan information for Avalan wireless systems inc

$272,100

Avalan wireless systems inc was initially approved for PPP Loan of amount $272,100, the current approved amount is $272,100. The loan was approved on 04/06/2020 by The ServisFirst Bank reported 27 jobs and $272,100 was used to fund payroll.

Avalan wireless systems inc is Existing or more than 2 years old

PPP Loan Search / AL / MADISON / Avalan wireless systems inc

AVALAN WIRELESS SYSTEMS INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AVALAN WIRELESS SYSTEMS INC

Borrower Address

127 JETPLEX CIR

Borrower City

MADISON

Borrower State

AL

Borrower Zip

35758-8905

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272100.00

Current Approval Amount

272100.00

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

MADISON

Project County Name

MADISON

Project State

AL

Project Zip

35758-8905

CD

AL-05

Jobs Reported

27

NAICS Code

334220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2900.00

Payroll Proceed

237200.00

Mortgage Interest Proceed

0.00

Rent Proceed

28300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3700

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273906.44

Forgiveness Date

12/09/2020

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