Date Approved
04/06/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
UNDERWOOD FOODS, INC
Borrower Address
1938 CHARLOTTE CT
Borrower City
FLORENCE
Borrower State
AL
Borrower Zip
35630-6714
Loan Status Date
01/26/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
200200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Subway
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
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
Project County Name
LAUDERDALE
Project State
Project Zip
CD
AL-05
Jobs Reported
65
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
15200.00
Payroll Proceed
160000.00
Mortgage Interest Proceed
Rent Proceed
25000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
201618.08
Forgiveness Date
12/22/2020