PPP Loan information for Meador warehousing & distribution inc.

$373,222

Meador warehousing & distribution inc. was initially approved for PPP Loan of amount $373,222, the current approved amount is $373,222. The loan was approved on 03/13/2021 by The Regions Bank reported 30 jobs and $373,222 was used to fund payroll.

Meador warehousing & distribution inc. is Existing or more than 2 years old

MEADOR WAREHOUSING & DISTRIBUTION INC.

Date Approved

03/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MEADOR WAREHOUSING & DISTRIBUTION INC.

Borrower Address

1750 N Dr Martin L King Jr Dr

Borrower City

Mobile

Borrower State

AL

Borrower Zip

36610-1845

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

373222.00

Current Approval Amount

373222.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mobile

Project County Name

MOBILE

Project State

AL

Project Zip

36610-1845

CD

AL-01

Jobs Reported

30

NAICS Code

493110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

373222.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

375399.98

Forgiveness Date

10/25/2021

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