Buy-Lo Quality Food Stores, Inc.

$2,293,586 PPP Loan in Birmingham, Alabama

Loan Details

Loan Number
6316397010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,293,586
Current Approval
$2,293,586
Forgiveness Amount
$2,339,267
Forgiveness Date
Mar 28, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Buy-Lo Quality Food Stores, Inc.
Address
3605 8th Ave S
State
Alabama
ZIP Code
35222-3218
Business Type
Corporation
Industry (NAICS)
Retail Trade (445110)
Franchise
Piggly Wiggly
Business Age
Existing or more than 2 years old
Jobs Reported
495
Estimated Revenue
$123.6M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$1,720,190
Rent
$286,698
Utilities
$286,698

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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