PPP Loan information for Hubbard and drake general mech contractors, inc.

$1,233,500

Hubbard and drake general mech contractors, inc. was initially approved for PPP Loan of amount $1,233,500, the current approved amount is $1,233,500. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 136 jobs and $1,233,500 was used to fund payroll.

Hubbard and drake general mech contractors, inc. is Existing or more than 2 years old

HUBBARD AND DRAKE GENERAL MECH CONTRACTORS, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

HUBBARD AND DRAKE GENERAL MECH CONTRACTORS, INC.

Borrower Address

1002 5th Ave SE

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601-2923

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1233500.00

Current Approval Amount

1233500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35601-2923

CD

AL-05

Jobs Reported

136

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5500.00

Payroll Proceed

1203400.00

Mortgage Interest Proceed

0.00

Rent Proceed

16200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

8400

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1242991.10

Forgiveness Date

01/19/2021

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