Merchants Transfer Company
$397,700 PPP Loan in Mobile, Alabama
Loan Details
- Loan Number
- 5892967008
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $397,700
- Current Approval
- $397,700
- Forgiveness Amount
- $400,307
- Forgiveness Date
- Dec 10, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Merchants Transfer Company
- Address
- 1201 Woodland Ave
- City
- Mobile
- State
- Alabama
- ZIP Code
- 36610-2559
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (493110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 39
- Estimated Revenue
- $9.9M
- Rural/Urban
- Urban
- Congressional District
- AL-01
Loan Use Breakdown
- Payroll
- $298,275
- Rent
- $19,885
- Utilities
- $19,885
- Health Care
- $19,885
- Mortgage Interest
- $19,885
- Debt Interest
- $19,885
Lender Information
- Servicing Lender
- Oakworth Capital Bank
- Originating Lender
- Oakworth Capital Bank
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