Townsend Building Supply, Inc.

$932,000 PPP Loan in Dothan, Alabama

Loan Details

Loan Number
5429917002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$932,000
Current Approval
$932,000
Forgiveness Amount
$937,799
Forgiveness Date
Nov 24, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Townsend Building Supply, Inc.
Address
868 Murray Road
City
Dothan
State
Alabama
ZIP Code
36303-5718
Business Type
Corporation
Industry (NAICS)
Retail Trade (444110)
Business Age
Existing or more than 2 years old
Jobs Reported
115
Estimated Revenue
$23.7M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$796,000
Rent
$90,000
Utilities
$26,000
Mortgage Interest
$8,000
Debt Interest
$12,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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