Date Approved
04/10/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
THE LATHAN COMPANY
Borrower Address
1 Cypress Lake Rd
Borrower City
Theodore
Borrower State
AL
Borrower Zip
36582
Loan Status Date
02/19/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
273945.10
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MOBILE
Project State
Project Zip
36582-0001
CD
AL-01
Jobs Reported
39
NAICS Code
531390
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
3305
Originating Lender
First Bank of Alabama
Originating Lender City
TALLADEGA
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
278185.62
Forgiveness Date
11/04/2021