PPP Loan information for Underwood foods inc.

$280,341

Underwood foods inc. was initially approved for PPP Loan of amount $280,341, the current approved amount is $280,341. The loan was approved on 03/12/2021 by The First Metro Bank reported 65 jobs and $280,341 was used to fund payroll.

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

PPP Loan Search / AL / Florence / Underwood foods inc.

UNDERWOOD FOODS INC.

Date Approved

03/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

UNDERWOOD FOODS INC.

Borrower Address

1938 Charlotte Ct

Borrower City

Florence

Borrower State

AL

Borrower Zip

35630-6714

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

280340.69

Current Approval Amount

280340.69

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

35630-6714

CD

AL-05

Jobs Reported

65

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

280337.69

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

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

281898.14

Forgiveness Date

10/06/2021

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