Grace Life of the Shoals

$303,600 PPP Loan in Muscle Shoals, Alabama

Loan Details

Loan Number
7202487009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$303,600
Current Approval
$303,600
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
24 months
Draw
First Draw

Business Information

Business Name
Grace Life of the Shoals
Address
1915 Avalon Ave
State
Alabama
ZIP Code
35661-3119
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$227,700
Utilities
$30,360
Mortgage Interest
$45,540

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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