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

$1,095,772

Modern american recycling & repair services of alabama llc was initially approved for PPP Loan of amount $1,095,772, the current approved amount is $1,095,772. The loan was approved on 03/30/2021 by The Hancock Whitney Bank reported 79 jobs and $1,095,772 was used to fund payroll.

Modern american recycling & repair services of alabama llc is Existing or more than 2 years old

MODERN AMERICAN RECYCLING & REPAIR SERVICES OF ALABAMA LLC

Date Approved

03/30/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MODERN AMERICAN RECYCLING & REPAIR SERVICES OF ALABAMA LLC

Borrower Address

601 S Royal St

Borrower City

Mobile

Borrower State

AL

Borrower Zip

36603-2114

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1095772.00

Current Approval Amount

1095772.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Mobile

Project County Name

MOBILE

Project State

AL

Project Zip

36603-2114

CD

AL-01

Jobs Reported

79

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1095766.00

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

0.00

Forgiveness Date

;