PPP Loan information for Patches inc.

$41,250

Patches inc. was initially approved for PPP Loan of amount $41,250, the current approved amount is $41,250. The loan was approved on 01/31/2021 by The Redstone FCU reported 16 jobs and $41,250 was used to fund payroll.

Patches inc. is Existing or more than 2 years old

PATCHES INC.

Date Approved

01/31/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

PATCHES INC.

Borrower Address

1501 S Broad St Ste B

Borrower City

Scottsboro

Borrower State

AL

Borrower Zip

35768-2670

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41250.00

Current Approval Amount

41250.00

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

Existing or more than 2 years old

Project City

Scottsboro

Project County Name

JACKSON

Project State

AL

Project Zip

35768-2670

CD

AL-05

Jobs Reported

16

NAICS Code

453310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41247.00

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

41448.90

Forgiveness Date

08/16/2021

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