PPP Loan information for Modern american recycling & repair services of alabama, llc

Date Approved

04/16/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MODERN AMERICAN RECYCLING & REPAIR SERVICES OF ALABAMA, LLC

Borrower Address

601 SOUTH ROYAL STREET

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36603

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1430280.00

Current Approval Amount

1430280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36603-1000

CD

AL-01

Jobs Reported

79

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1430280.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1454753.68

Forgiveness Date

01/03/2022