Modern American Recycling & Repair Services of Alabama, LLC

$1,430,280 PPP Loan in Mobile, Alabama

Loan Details

Loan Number
2504457210
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,430,280
Current Approval
$1,430,280
Forgiveness Amount
$1,454,754
Forgiveness Date
Jan 3, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern American Recycling & Repair Services of Alabama, LLC
Address
601 South Royal Street
City
Mobile
State
Alabama
ZIP Code
36603
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423390)
Business Age
New Business or 2 years or less
Jobs Reported
79
Estimated Revenue
$24.2M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$1,430,280

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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