Kentucky Fried Chicken of Colbert, INC

$245,800 PPP Loan in Muscle Shoals, Alabama

Loan Details

Loan Number
6170577001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$245,800
Current Approval
$245,800
Forgiveness Amount
$247,657
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kentucky Fried Chicken of Colbert, INC
Address
1910 Woodward Ave
State
Alabama
ZIP Code
35661-2846
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Kfc
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$184,350
Mortgage Interest
$61,450

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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