Generations of Red Bay, LLC

$520,317 PPP Loan in Red Bay, Alabama

Loan Details

Loan Number
3821447205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$520,317
Current Approval
$520,317
Forgiveness Amount
$526,272
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Generations of Red Bay, LLC
Address
106 10th Ave NW
State
Alabama
ZIP Code
35582-3800
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Health Care and Social Assistance (623312)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$12.2M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$416,254
Rent
$52,032
Utilities
$52,032

Lender Information

Servicing Lender
Community Spirit Bank
Originating Lender
Community Spirit Bank

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