Farris Wholesale Outlet, INC

$208,916 PPP Loan in Muscle Shoals, Alabama

Loan Details

Loan Number
4307447109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$208,916
Current Approval
$208,916
Forgiveness Amount
$211,342
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farris Wholesale Outlet, INC
Address
170 Carolyn Road
State
Alabama
ZIP Code
35661-4510
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423990)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$156,687
Rent
$42,384
Utilities
$3,845
Mortgage Interest
$6,000

Lender Information

Servicing Lender
Cb&s Bank
Originating Lender
Cb&s Bank

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