Southern Directional Boring in

$577,700 PPP Loan in Alabaster, Alabama

Loan Details

Loan Number
6546487008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$577,700
Current Approval
$577,700
Forgiveness Amount
$583,012
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Directional Boring in
Address
150 Airpark Industrial Rd
State
Alabama
ZIP Code
35007-9597
Business Type
Corporation
Industry (NAICS)
Utilities (221210)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$559,500
Rent
$14,000
Utilities
$4,200

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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