Channell INC

$68,700 PPP Loan in Alexander City, Alabama

Loan Details

Loan Number
7349627008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$68,700
Current Approval
$68,700
Forgiveness Amount
$69,082
Forgiveness Date
Nov 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Channell INC
Address
5030 Highway 280
State
Alabama
ZIP Code
35010-7217
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524113)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$55,800
Rent
$12,000
Utilities
$900

Lender Information

Servicing Lender
River Bank & Trust
Originating Lender
River Bank & Trust

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