PPP Loan information for Shoals sav-a-life, inc

$60,000

Shoals sav-a-life, inc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/14/2020 by The First Metro Bank reported 8 jobs and $60,000 was used to fund payroll.

Shoals sav-a-life, inc is Existing or more than 2 years old

PPP Loan Search / AL / FLORENCE / Shoals sav-a-life, inc

SHOALS SAV-A-LIFE, INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHOALS SAV-A-LIFE, INC

Borrower Address

2201 CLOYD BLVD

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-1505

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-1505

CD

AL-05

Jobs Reported

8

NAICS Code

923120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

45000.00

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

Non-Profit Organization

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

53350.39

Forgiveness Date

12/15/2020

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