Loans Issued BY First Cahawba Bank

Loan Amount Company Name Location Lender
$350K-1M TAYLOR MADE TRANSPORTATION INC Maplesville , AL First Cahawba Bank
$150K-350K A RESTAURANT GROUP LLC Gulf shores , AL First Cahawba Bank
$150K-350K AMERIFAB & MACHINE, INC. Sycamore , AL First Cahawba Bank
$150K-350K BAHAMA BOB'S BEACHSIDE CAFE, INC. Gulf shores , AL First Cahawba Bank
$150K-350K CRL LOVELADY CONSTRUCTION, LLC Selma , AL First Cahawba Bank
$150K-350K FATHERS OF ST. EDMUND, SOUTHERN MISSIONS, INC. Selma , AL First Cahawba Bank
$150K-350K FULLER BUILDING SUPPLY CO. Selma , AL First Cahawba Bank
$150K-350K LIQUID LIFE VACATION RENTALS, LLC Orange beach , AL First Cahawba Bank
$150K-350K PEAK INSURANCE, INC Selma , AL First Cahawba Bank
$150K-350K PROFESSIONAL HEALTH CARE SERVICE, INC Foley , AL First Cahawba Bank
$150K-350K RELIABLE CADILLAC GMC Selma , AL First Cahawba Bank
$150K-350K SELMA MEDICAL ASSOCIATES, PC Selma , AL First Cahawba Bank
$150K-350K VAUGHAN PLACE SENIOR LIVING COMMUNITY, LLC Selma , AL First Cahawba Bank
$1 -150K BLACK BELT GIN INC Selma , AL First Cahawba Bank
$1 -150K YORK ICE COMPANY LLC York , AL First Cahawba Bank
$1 -150K YORK ICE CO INC. York , AL First Cahawba Bank
$1 -150K TAYLOR-MADE 2 LLC Maplesville , AL First Cahawba Bank
$1 -150K REED REAL ESTATE & CONSTRUCTION INC. Gulf shores , AL First Cahawba Bank
$1 -150K REED REAL ESTATE & CONSTRUCTION INC Gulf shores , AL First Cahawba Bank
$1 -150K GATES BUILDERS INC Foley , AL First Cahawba Bank
$1 -150K CHURCH STREET UNITED METHODIST CHURCH Selma , AL First Cahawba Bank
$1 -150K WRIGHT’S NURSERY & GREENHOUSE INC. Plantersville , AL First Cahawba Bank
$1 -150K AIS LLC Bon air , AL First Cahawba Bank
$1 -150K SOUTHERN INDUSTRIAL SUPPLY LLC York , AL First Cahawba Bank
$1 -150K CAPTAIN D’S OF SELMAINC. Selma , AL First Cahawba Bank
$1 -150K CROSSPOINT CHRISTIAN CHURCH Selma , AL First Cahawba Bank
$1 -150K FOSTER PROPERTIES INC. Orange beach , AL First Cahawba Bank
$1 -150K VALLEY GRANDE MEXICAN GRILL LLC Valley grande , AL First Cahawba Bank
$1 -150K QUALITY RESPIRATORY INC Foley , AL First Cahawba Bank
$1 -150K CROSSPOINT CHRISTIAN CHURCH Selma , AL First Cahawba Bank
$1 -150K PILCHER-MCBRYDE DRUG COMPANY Selma , AL First Cahawba Bank
$1 -150K PELHAM & PELHAM INC. Troy , AL First Cahawba Bank
$1 -150K ETHERIDGE & ETHERIDGE LLC Selma , AL First Cahawba Bank
$1 -150K STEWARD CONSTRUCTION COMPANY INC. Selma , AL First Cahawba Bank
$1 -150K STEWARD CONSTRUCTION COMPANY INC Selma , AL First Cahawba Bank

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.