Walker Brothers, Ltd
$493,200 PPP Loan in Baileyton, Alabama
Loan Details
- Loan Number
- 2036037102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $493,200
- Current Approval
- $493,200
- Forgiveness Amount
- $498,146
- Forgiveness Date
- Apr 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Walker Brothers, Ltd
- Address
- 79 School House Road
- City
- Baileyton
- State
- Alabama
- ZIP Code
- 35019-8405
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (444130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 70
- Estimated Revenue
- $14.5M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $445,000
- Rent
- $5,500
- Utilities
- $15,850
- Mortgage Interest
- $6,600
- Debt Interest
- $20,250
Lender Information
- Servicing Lender
- Southpoint Bank
- Originating Lender
- Merchants Bank of Alabama, a Division of Southpoint Bank
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