PPP Loan information for Riverbend center for mental health

$1,354,988

Riverbend center for mental health was initially approved for PPP Loan of amount $1,354,988, the current approved amount is $1,354,988. The loan was approved on 04/13/2020 by The Bank Independent reported 154 jobs and $1,354,988 was used to fund payroll.

Riverbend center for mental health is Existing or more than 2 years old

RIVERBEND CENTER FOR MENTAL HEALTH

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RIVERBEND CENTER FOR MENTAL HEALTH

Borrower Address

635 W COLLEGE ST

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-5313

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1354988.00

Current Approval Amount

1354988.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-5313

CD

AL-05

Jobs Reported

154

NAICS Code

621112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

1143929.00

Mortgage Interest Proceed

0.00

Rent Proceed

1350.00

Refinance EIDL Proceed

0.00

Health Care Proceed

169709.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1362779.18

Forgiveness Date

11/17/2020

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