May's Distributing Co., Inc.

$372,068 PPP Loan in Union Springs, Alabama

Loan Details

Loan Number
5890957110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$372,068
Current Approval
$372,068
Forgiveness Amount
$375,065
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
May's Distributing Co., Inc.
Address
102 Mlk Boulevard North
State
Alabama
ZIP Code
36089-1667
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.8M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$331,668
Utilities
$14,600
Health Care
$14,360
Debt Interest
$11,440

Lender Information

Servicing Lender
Troy Bank & Trust Company
Originating Lender
Troy Bank & Trust Company

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