PPP Loan information for Milo's tea company, inc.

$3,540,500

Milo's tea company, inc. was initially approved for PPP Loan of amount $3,540,500, the current approved amount is $3,540,500. The loan was approved on 04/10/2020 by The Regions Bank reported 427 jobs and $3,540,500 was used to fund payroll.

Milo's tea company, inc. is Existing or more than 2 years old

MILO'S TEA COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MILO'S TEA COMPANY, INC.

Borrower Address

3112 DUBLIN LANE,

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35022-4838

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3540500.00

Current Approval Amount

3540500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35022-4838

CD

AL-07

Jobs Reported

427

NAICS Code

312111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3540500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3580173.00

Forgiveness Date

06/11/2021

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