PPP Loan information for Flotation systems, inc.

$275,758

Flotation systems, inc. was initially approved for PPP Loan of amount $275,758, the current approved amount is $275,758. The loan was approved on 04/10/2020 by The Cullman Savings Bank reported 23 jobs and $275,758 was used to fund payroll.

Flotation systems, inc. is Existing or more than 2 years old

FLOTATION SYSTEMS, INC.

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FLOTATION SYSTEMS, INC.

Borrower Address

2700 AL HIGHWAY 69 S

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35057-4280

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275758.15

Current Approval Amount

275758.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86282

Servicing Lender Name

Cullman Savings Bank

Servicing Lender Address

316 2nd Ave Southwest

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-4117

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

35057-4280

CD

AL-04

Jobs Reported

23

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275758.15

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

86282

Originating Lender

Cullman Savings Bank

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

277428.02

Forgiveness Date

11/19/2020

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