PPP Loan information for Elk river inc

$209,120

Elk river inc was initially approved for PPP Loan of amount $209,120, the current approved amount is $209,120. The loan was approved on 02/18/2021 by The Peoples Bank of Alabama reported 12 jobs and $209,120 was used to fund payroll.

Elk river inc is Existing or more than 2 years old

ELK RIVER INC

Date Approved

02/18/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ELK RIVER INC

Borrower Address

1202 26th St SW

Borrower City

Cullman

Borrower State

AL

Borrower Zip

35055-1201

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

209119.80

Current Approval Amount

209119.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cullman

Project County Name

CULLMAN

Project State

AL

Project Zip

35055-1201

CD

AL-04

Jobs Reported

12

NAICS Code

316998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

209115.80

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

211222.62

Forgiveness Date

02/17/2022

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