Summerford Nursing Home INC

$1,958,000 PPP Loan in Falkville, Alabama

Loan Details

Loan Number
5911677000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,958,000
Current Approval
$1,958,000
Forgiveness Amount
$1,976,383
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Summerford Nursing Home INC
Address
4087 Highway 31
State
Alabama
ZIP Code
35622-6319
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623311)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$34.0M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$1,958,000

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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