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S and M Transportation, INC

$550,000 PPP Loan in Saraland, Alabama

Loan Details

Loan Number
7629457206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$550,000
Current Approval
$550,000
Forgiveness Amount
$556,188
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
S and M Transportation, INC
Address
245 Jacintoport Blvd
City
Saraland
State
Alabama
ZIP Code
36571-3306
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Unanswered
Jobs Reported
52
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$412,500
Utilities
$55,000
Mortgage Interest
$82,500

Lender Information

Servicing Lender
First Community Bank of Tennessee
Originating Lender
First Community Bank of Tennessee

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