Economy Carpets, Inc.
$44,600 PPP Loan in Muscle Shoals, Alabama
Loan Details
- Loan Number
- 8345927001
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $44,600
- Current Approval
- $44,600
- Forgiveness Amount
- $45,186
- Forgiveness Date
- Aug 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Economy Carpets, Inc.
- Address
- 105 W Avalon Ave
- City
- Muscle Shoals
- State
- Alabama
- ZIP Code
- 35661-2803
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (453998)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 6
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $33,450
- Utilities
- $4,460
- Mortgage Interest
- $6,690
Lender Information
- Servicing Lender
- First Metro Bank
- Originating Lender
- First Metro Bank
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|---|---|---|
| Dynamic Security INC | $8,564,696 |  Research |
| Johnson Contractors, Inc. | $6,467,500 | Research |
| Long Lewis Ford of the Shoals INC | $2,629,719 | Research |
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