PPP Loan information for Way, ray, shelton & company, p.c.

$468,000

Way, ray, shelton & company, p.c. was initially approved for PPP Loan of amount $468,000, the current approved amount is $468,000. The loan was approved on 04/07/2020 by The Cadence Bank reported 24 jobs and $468,000 was used to fund payroll.

Way, ray, shelton & company, p.c. is Existing or more than 2 years old

WAY, RAY, SHELTON & COMPANY, P.C.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WAY, RAY, SHELTON & COMPANY, P.C.

Borrower Address

216 MCFARLAND CIR NORTH

Borrower City

TUSCALOOSA

Borrower State

AL

Borrower Zip

35406-1800

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468000.00

Current Approval Amount

468000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUSCALOOSA

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35406-1800

CD

AL-04

Jobs Reported

24

NAICS Code

541211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

435000.00

Mortgage Interest Proceed

27000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

471003.00

Forgiveness Date

12/17/2020

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