Medical Associates of the Shoals, PC

$1,055,624 PPP Loan in Sheffield, Alabama

Loan Details

Loan Number
4664367107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,055,624
Current Approval
$1,055,624
Forgiveness Amount
$1,068,614
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Medical Associates of the Shoals, PC
Address
1120 S. Jackson Hwy
State
Alabama
ZIP Code
35660-5747
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$26.1M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$791,718
Utilities
$105,562
Mortgage Interest
$158,344

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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