PPP Loan information for Power and rubber supply, inc.

$1,000,000

Power and rubber supply, inc. was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 04/08/2020 by The Renasant Bank reported 75 jobs and $1,000,000 was used to fund payroll.

Power and rubber supply, inc. is Existing or more than 2 years old

PPP Loan Search / AL / TUSCALOOSA / Power and rubber supply, inc.

POWER AND RUBBER SUPPLY, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

POWER AND RUBBER SUPPLY, INC.

Borrower Address

1501 35th Street

Borrower City

TUSCALOOSA

Borrower State

AL

Borrower Zip

35401-7006

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUSCALOOSA

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35401-7006

CD

AL-07

Jobs Reported

75

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1000000.00

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

Subchapter S Corporation

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1007250.00

Forgiveness Date

01/12/2021

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