Marine Exhaust Systems of Alabama, Inc.

$133,943 PPP Loan in Fairhope, Alabama

Loan Details

Loan Number
1064827204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$133,943
Current Approval
$133,943
Forgiveness Amount
$135,342
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marine Exhaust Systems of Alabama, Inc.
Address
757 Nichols Ave
State
Alabama
ZIP Code
36532
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333618)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$100,458
Rent
$16,743
Utilities
$16,742

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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