PPP Loan information for North alabama respiratory equipment inc.

$158,200

North alabama respiratory equipment inc. was initially approved for PPP Loan of amount $158,200, the current approved amount is $158,200. The loan was approved on 04/13/2020 by The Traditions Bank reported 23 jobs and $158,200 was used to fund payroll.

North alabama respiratory equipment inc. is Existing or more than 2 years old

NORTH ALABAMA RESPIRATORY EQUIPMENT INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NORTH ALABAMA RESPIRATORY EQUIPMENT INC.

Borrower Address

1871 AL HIGHWAY 157

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35058-0601

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158200.00

Current Approval Amount

158200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328816

Servicing Lender Name

Traditions Bank

Servicing Lender Address

109 2nd Ave NW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-3426

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CULLMAN

Project County Name

CULLMAN

Project State

AL

Project Zip

35058-0601

CD

AL-04

Jobs Reported

23

NAICS Code

446199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158200.00

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

328816

Originating Lender

Traditions Bank

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159527.12

Forgiveness Date

02/11/2021

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