PPP Loan information for Underwood foods, inc

$200,200

Underwood foods, inc was initially approved for PPP Loan of amount $200,200, the current approved amount is $200,200. The loan was approved on 04/06/2020 by The First Metro Bank reported 65 jobs and $200,200 was used to fund payroll.

Underwood foods, inc is Existing or more than 2 years old

UNDERWOOD FOODS, INC

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

200200.00

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

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

35630-6714

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

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

201618.08

Forgiveness Date

12/22/2020

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