The Arc of Southwest Alabama

$167,792 PPP Loan in Chatom, Alabama

Loan Details

Loan Number
2269487109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$167,792
Current Approval
$167,792
Forgiveness Amount
$169,982
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Arc of Southwest Alabama
Address
234 Hearn Dr
City
Chatom
State
Alabama
ZIP Code
36518-7500
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611710)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$149,509
Health Care
$18,283

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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