Champion of Decatur, INC

$434,665 PPP Loan in Decatur, Alabama

Loan Details

Loan Number
9135377009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$434,665
Current Approval
$434,665
Forgiveness Amount
$438,770
Forgiveness Date
Mar 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Champion of Decatur, INC
Address
3831 Hwy 31 S
State
Alabama
ZIP Code
35603-1637
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.1M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$296,929
Rent
$47,000
Utilities
$12,788
Health Care
$10,500
Debt Interest
$67,448

Lender Information

Servicing Lender
Bank Independent
Originating Lender
Bank Independent

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