PPP Loan information for Priority transportation inc

$327,500

Priority transportation inc was initially approved for PPP Loan of amount $327,500, the current approved amount is $327,500. The loan was approved on 04/08/2020 by The Peoples Bank of Alabama reported 27 jobs and $327,500 was used to fund payroll.

Priority transportation inc is Existing or more than 2 years old

PRIORITY TRANSPORTATION INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PRIORITY TRANSPORTATION INC

Borrower Address

2131 3rd Avenue SE

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35055-5477

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327500.00

Current Approval Amount

327500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

Y

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

35055-5477

CD

AL-04

Jobs Reported

27

NAICS Code

336999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14536.76

Payroll Proceed

254654.89

Mortgage Interest Proceed

0.00

Rent Proceed

25500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

32808.35

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329983.54

Forgiveness Date

01/12/2021

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