PPP Loan information for Patches inc

$44,596

Patches inc was initially approved for PPP Loan of amount $44,596, the current approved amount is $44,596. The loan was approved on 04/15/2020 by The Redstone FCU reported 13 jobs and $44,596 was used to fund payroll.

Patches inc is New Business or 2 years or less

PATCHES INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PATCHES INC

Borrower Address

1501 S Braod Street DTE B

Borrower City

SCOTTSBORO

Borrower State

AL

Borrower Zip

35768

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44596.00

Current Approval Amount

44596.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91061

Servicing Lender Name

Redstone FCU

Servicing Lender Address

220 Wynn Dr

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35893-0001

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SCOTTSBORO

Project County Name

JACKSON

Project State

AL

Project Zip

35768-0001

CD

AL-05

Jobs Reported

13

NAICS Code

453310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44596.00

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

91061

Originating Lender

Redstone FCU

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45105.49

Forgiveness Date

06/15/2021

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