PPP Loan information for Selma newspapers inc.

$192,817

Selma newspapers inc. was initially approved for PPP Loan of amount $192,817, the current approved amount is $192,817. The loan was approved on 01/22/2021 by The SmartBank reported 19 jobs and $192,817 was used to fund payroll.

Selma newspapers inc. is Existing or more than 2 years old

SELMA NEWSPAPERS INC.

Date Approved

01/22/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SELMA NEWSPAPERS INC.

Borrower Address

1018 Water Ave

Borrower City

Selma

Borrower State

AL

Borrower Zip

36701-4617

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

192817.20

Current Approval Amount

192817.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Selma

Project County Name

DALLAS

Project State

AL

Project Zip

36701-4617

CD

AL-07

Jobs Reported

19

NAICS Code

511110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

192812.20

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94269.00

Forgiveness Date

06/09/2022

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