PPP Loan information for Cannon floor covering, inc.

$125,430

Cannon floor covering, inc. was initially approved for PPP Loan of amount $125,430, the current approved amount is $125,430. The loan was approved on 04/12/2020 by The Southern States Bank reported 12 jobs and $125,430 was used to fund payroll.

Cannon floor covering, inc. is Existing or more than 2 years old

CANNON FLOOR COVERING, INC.

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CANNON FLOOR COVERING, INC.

Borrower Address

3500 Pepperell Pkwy

Borrower City

Opelika

Borrower State

AL

Borrower Zip

36801-6002

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125430.00

Current Approval Amount

125430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449992

Servicing Lender Name

Southern States Bank

Servicing Lender Address

615 Quintard Ave

Servicing Lender City

ANNISTON

Servicing Lender State

AL

Servicing Lender Zip

36201-5755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Opelika

Project County Name

LEE

Project State

AL

Project Zip

36801-6002

CD

AL-03

Jobs Reported

12

NAICS Code

238330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125430.00

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

449992

Originating Lender

Southern States Bank

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126381.89

Forgiveness Date

01/26/2021

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