PPP Loan information for Buy-lo quality food stores, inc.

$2,293,586

Buy-lo quality food stores, inc. was initially approved for PPP Loan of amount $2,293,586, the current approved amount is $2,293,586. The loan was approved on 04/06/2020 by The PNC Bank, National Association reported 495 jobs and $2,293,586 was used to fund payroll.

Buy-lo quality food stores, inc. is Existing or more than 2 years old

BUY-LO QUALITY FOOD STORES, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BUY-LO QUALITY FOOD STORES, INC.

Borrower Address

3605 8th Ave S

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35222-3218

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2293586.07

Current Approval Amount

2293586.07

Undisbursed Amount

0.00

Franchise Name

Piggly Wiggly

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35222-3218

CD

AL-06

Jobs Reported

495

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

286698.00

Payroll Proceed

1720190.00

Mortgage Interest Proceed

0.00

Rent Proceed

286698.07

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2339266.59

Forgiveness Date

03/28/2022

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