El Reposo Nursing Facility

$604,598 PPP Loan in Florence, Alabama

Loan Details

Loan Number
6803837302
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$604,598
Current Approval
$604,598
Forgiveness Amount
$611,668
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
El Reposo Nursing Facility
Address
260 Milners Chapel Rd
State
Alabama
ZIP Code
35634-4757
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
91
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$453,449
Utilities
$60,460
Mortgage Interest
$90,690

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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