Montgomery Education Foundation

$162,500 PPP Loan in Montgomery, Alabama

Loan Details

Loan Number
1909247101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$162,500
Current Approval
$162,500
Forgiveness Amount
$163,741
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Montgomery Education Foundation
Address
5950 Carmichael Pl Suite 101
State
Alabama
ZIP Code
36117-2347
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813211)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$118,500
Rent
$35,200
Utilities
$8,800

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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