Batey & Sanders
$235,500 PPP Loan in Rainbow City, Alabama
Loan Details
- Loan Number
- 7502797010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $235,500
- Current Approval
- $235,500
- Forgiveness Amount
- $236,848
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Batey & Sanders
- Address
- 61 Batey Drive
- City
- Rainbow City
- State
- Alabama
- ZIP Code
- 35906-6007
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (454390)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $180,000
- Rent
- $6,000
- Utilities
- $3,000
- Mortgage Interest
- $3,500
- Debt Interest
- $43,000
Lender Information
- Servicing Lender
- Peoples Bank of Alabama
- Originating Lender
- Peoples Bank of Alabama
Other PPP Loans in Rainbow City, AL
| Business | Approved | |
|---|---|---|
| Zla Solutions, Inc. | $1,805,000 | |
| Rainbow City Auto Acquisitions | $596,182 | |
| Westbrook Christian School, Inc. | $460,260 | |
| Rainbow Tool and Machine Co., INC | $400,829 | |
| Rainbow Tool and Machine Company Inc. | $400,829 |
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