Rast Construction INC

$625,000 PPP Loan in Birmingham, Alabama

Loan Details

Loan Number
5369317007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$625,000
Current Approval
$625,000
Forgiveness Amount
$629,149
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rast Construction INC
Address
2901 Shannon Oxmoor Rd
State
Alabama
ZIP Code
35211-5908
Business Type
Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$20.8M
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$600,000
Rent
$20,000
Utilities
$5,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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