PPP Loan information for Bama concrete products co., inc. dba bama concrete products

$1,185,500

Bama concrete products co., inc. dba bama concrete products was initially approved for PPP Loan of amount $1,185,500, the current approved amount is $1,185,500. The loan was approved on 04/14/2020 by The Cadence Bank reported 101 jobs and $1,185,500 was used to fund payroll.

Bama concrete products co., inc. dba bama concrete products is Existing or more than 2 years old

PPP Loan Search / AL / TUSCALOOSA / Bama concrete products co., inc. dba bama concrete products

BAMA CONCRETE PRODUCTS CO., INC. DBA BAMA CONCRETE PRODUCTS

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BAMA CONCRETE PRODUCTS CO., INC. DBA BAMA CONCRETE PRODUCTS

Borrower Address

1608 17th Street

Borrower City

TUSCALOOSA

Borrower State

AL

Borrower Zip

35401-4635

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1185500.00

Current Approval Amount

1185500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TUSCALOOSA

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35401-4635

CD

AL-07

Jobs Reported

101

NAICS Code

327390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1185500.00

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

Subchapter S Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1194292.46

Forgiveness Date

01/27/2021

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