Loans Issued BY First Bank of Boaz

Loan Amount Company Name Location Lender
$350K-1M FLORENCE HON, INC Florence , AL First Bank of Boaz
$350K-1M GADSDEN AUTO ACQUISITIONS INC Gadsden , AL First Bank of Boaz
$350K-1M LIBERTY STEEL FABRICATION, INC Fyffe , AL First Bank of Boaz
$350K-1M MEIGHAN AUTO ACQUISITIONS INC Gadsden , AL First Bank of Boaz
$350K-1M NORTH FLORENCE AUTO ACQUISITIONS, INC Florence , AL First Bank of Boaz
$350K-1M OPELIKA AUTO ACQUISITIONS INC Opelika , AL First Bank of Boaz
$350K-1M OPELIKA FORD INC Opelika , AL First Bank of Boaz
$350K-1M RAINBOW CITY AUTO ACQUISITIONS Rainbow city , AL First Bank of Boaz
$350K-1M UNIVERSITY AUTOMOTIVE Huntsville , AL First Bank of Boaz
$350K-1M WOODWARD AUTO ACQUISITIONS, INC Tuscumbia , AL First Bank of Boaz
$150K-350K ANNISTON AUTO ACQUISITIONS, INC Anniston , AL First Bank of Boaz
$150K-350K BOAZ DISCOUNT DRUGS INC Boaz , AL First Bank of Boaz
$150K-350K FLORENCE AUTO ACQUISITIONS Florence , AL First Bank of Boaz
$150K-350K FLORENCE NISS, INC Florence , AL First Bank of Boaz
$2-5M GREENWAY CHRYSLER, JEEP, DODGE, INC Orlando , FL First Bank of Boaz
$2-5M GREENWAY FORD, INC Orlando , FL First Bank of Boaz
$350K-1M NORTHWEST TAMPA ACQUISITIONS Tampa , FL First Bank of Boaz
$350K-1M TUSCUMBIA AUTO ACQUISITIONS, INC Orlando , FL First Bank of Boaz
$350K-1M BRUNSWICK AUTO ACQUISITIONS, INC Brunswick , GA First Bank of Boaz
$150K-350K ATHENS AUTO ACQUISITIONS INC Athens , GA First Bank of Boaz
$350K-1M DICK SMITH FORD INC Raytown , MO First Bank of Boaz
$350K-1M KANSAS CITY AUTO ACQUISITIONS INC Kansas city , MO First Bank of Boaz
$350K-1M FRANKLIN AUTO ACQUISITIONS, INC. Franklin , TN First Bank of Boaz
$350K-1M HICKORY HOLLOW ACQUISITIONS Antioch , TN First Bank of Boaz
$350K-1M RIVERGATE ACQUISITIONS, INC Madison , TN First Bank of Boaz
$1 -150K BUBBA RITOS LLC Boaz , AL First Bank of Boaz
$1 -150K GALENS LLC New hope , AL First Bank of Boaz
$1 -150K PRIME RESTAURANT CONSULTING GROUP LLC Guntersville , AL First Bank of Boaz
$1 -150K MEDI AGE PHARMACEUTICALS INC Attalla , AL First Bank of Boaz
$1 -150K MICHAEL T. BARKER D.M.D. P.C. Boaz , AL First Bank of Boaz
$1 -150K MICHAEL T. BARKER D.M.D. P.C. Boaz , AL First Bank of Boaz
$1 -150K ALLI ENT LLC Moody , AL First Bank of Boaz
$1 -150K THE ACADEMY OF EARLY LEARNING LLC Boaz , AL First Bank of Boaz
$1 -150K THE ACADEMY OF EARLY LEARNING LLC Boaz , AL First Bank of Boaz
$1 -150K FAUCETT MOTORS OF BOAZ INC Boaz , AL First Bank of Boaz

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.