Southlake Orthopaedics Sports Medicine & Spine Center, PC

$1,263,000 PPP Loan in Hoover, Alabama

Loan Details

Loan Number
5026957205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,263,000
Current Approval
$1,459,000
Forgiveness Amount
$1,470,915
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southlake Orthopaedics Sports Medicine & Spine Center, PC
Address
4517 Southlake Parkway
City
Hoover
State
Alabama
ZIP Code
35244-3280
Business Type
Professional Association
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
143
Estimated Revenue
$44.9M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$1,100,000
Rent
$273,000
Utilities
$66,000
Debt Interest
$20,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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