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Natural Decorations INC

$299,000 PPP Loan in Brewton, Alabama

Loan Details

Loan Number
6247457010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$299,000
Current Approval
$299,000
Forgiveness Amount
$301,367
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Natural Decorations INC
Address
777 Industrial Park Dr
City
Brewton
State
Alabama
ZIP Code
36426-8177
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424930)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.7M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$226,000
Rent
$48,000
Utilities
$8,000
Debt Interest
$17,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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