Bama Budweiser of Montgomery, INC

$853,300 PPP Loan in Montgomery, Alabama

Loan Details

Loan Number
4397637306
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$853,300
Current Approval
$853,300
Forgiveness Amount
$864,369
Forgiveness Date
Aug 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bama Budweiser of Montgomery, INC
Address
1700 Emory Folmar Blvd
State
Alabama
ZIP Code
36110-3262
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$19.8M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$639,975
Rent
$42,665
Utilities
$42,665
Health Care
$42,665
Mortgage Interest
$42,665
Debt Interest
$42,665

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

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