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Priority Transportation INC

$327,500 PPP Loan in Cullman, Alabama

Loan Details

Loan Number
8674367000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$327,500
Current Approval
$327,500
Forgiveness Amount
$329,984
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Priority Transportation INC
Address
2131 3rd Avenue SE
City
Cullman
State
Alabama
ZIP Code
35055-5477
Business Type
Corporation
Industry (NAICS)
Manufacturing (336999)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$254,655
Rent
$25,500
Utilities
$14,537
Debt Interest
$32,808

Lender Information

Servicing Lender
Peoples Bank of Alabama
Originating Lender
Peoples Bank of Alabama

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