Posey Supply Company, Inc.

$469,841 PPP Loan in Double Springs, Alabama

Loan Details

Loan Number
2679237107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$469,841
Current Approval
$469,841
Forgiveness Amount
$472,764
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Posey Supply Company, Inc.
Address
515 County Road 24
State
Alabama
ZIP Code
35553-2459
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423390)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$11.3M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$375,873
Utilities
$46,984
Mortgage Interest
$46,984

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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