Newell Roadbuilders, INC

$1,031,700 PPP Loan in Hope Hull, Alabama

Loan Details

Loan Number
9511427005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,031,700
Current Approval
$1,031,700
Forgiveness Amount
$1,039,782
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newell Roadbuilders, INC
Address
13266 US Highway 31
State
Alabama
ZIP Code
36043-5027
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$31.6M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$776,700
Rent
$15,000
Utilities
$75,000
Health Care
$80,000
Debt Interest
$85,000

Lender Information

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

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