PPP Loan information for Compensation solutions, inc

$2,627,000

Compensation solutions, inc was initially approved for PPP Loan of amount $2,627,000, the current approved amount is $2,627,000. The loan was approved on 04/06/2020 by The Cadence Bank reported 200 jobs and $2,627,000 was used to fund payroll.

Compensation solutions, inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Compensation solutions, inc

COMPENSATION SOLUTIONS, INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

COMPENSATION SOLUTIONS, INC

Borrower Address

833 Green Springs Highway 101

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35209-4916

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2627000.00

Current Approval Amount

2627000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35209-4916

CD

AL-06

Jobs Reported

200

NAICS Code

541214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2627000.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2655751.06

Forgiveness Date

06/11/2021

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