PPP Loan information for El reposo nursing facility

$604,598

El reposo nursing facility was initially approved for PPP Loan of amount $604,598, the current approved amount is $604,598. The loan was approved on 04/30/2020 by The First Metro Bank reported 91 jobs and $604,598 was used to fund payroll.

El reposo nursing facility is Existing or more than 2 years old

PPP Loan Search / AL / FLORENCE / El reposo nursing facility

EL REPOSO NURSING FACILITY

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

EL REPOSO NURSING FACILITY

Borrower Address

260 MILNERS CHAPEL RD

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35634-4757

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

604598.00

Current Approval Amount

604598.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35634-4757

CD

AL-05

Jobs Reported

91

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60459.80

Payroll Proceed

453448.50

Mortgage Interest Proceed

90689.70

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

611668.44

Forgiveness Date

07/02/2021

;