Lowder New Homes INC

$362,200 PPP Loan in Montgomery, Alabama

Loan Details

Loan Number
8643037003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$362,200
Current Approval
$362,200
Forgiveness Amount
$364,584
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lowder New Homes INC
Address
5251 Hampstead High St
State
Alabama
ZIP Code
36116-6743
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236118)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$289,750
Rent
$40,000
Utilities
$5,000
Debt Interest
$27,450

Lender Information

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

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