Fagerman Technologies Inc.

$161,800 PPP Loan in Somerville, Alabama

Loan Details

Loan Number
4574667110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$161,800
Current Approval
$161,800
Forgiveness Amount
$163,270
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fagerman Technologies Inc.
Address
56 Gilcrist Rd
State
Alabama
ZIP Code
35670
Business Type
Corporation
Industry (NAICS)
Information (511210)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$121,376
Rent
$500
Utilities
$8,424
Mortgage Interest
$1,500
Debt Interest
$30,000

Lender Information

Servicing Lender
Peoples Bank of Alabama
Originating Lender
Peoples Bank of Alabama

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