Gene's Floor Covering Ii, INC

$353,200 PPP Loan in Gulf Shores, Alabama

Loan Details

Loan Number
8925387001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$353,200
Current Approval
$353,200
Forgiveness Amount
$356,693
Forgiveness Date
Apr 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gene's Floor Covering Ii, INC
Address
3741 Gulf Shores Pkwy
State
Alabama
ZIP Code
36542-2713
Business Type
Corporation
Industry (NAICS)
Construction (238330)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$319,000
Rent
$13,000
Utilities
$1,200
Debt Interest
$20,000

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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