Frozen Drink Machines and Services of Alabama, Inc.

$37,547 PPP Loan in Foley, Alabama

Loan Details

Loan Number
9776437003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$37,547
Current Approval
$37,547
Forgiveness Amount
$37,851
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Frozen Drink Machines and Services of Alabama, Inc.
Address
533 Sheffield Ave
City
Foley
State
Alabama
ZIP Code
36535-5511
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423740)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$29,347
Rent
$3,600
Utilities
$600
Health Care
$3,400
Debt Interest
$600

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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