PPP Loan information for Commonwealth steel corporation

$80,700

Commonwealth steel corporation was initially approved for PPP Loan of amount $80,700, the current approved amount is $80,700. The loan was approved on 05/01/2021 by The First-Citizens Bank & Trust Company reported 10 jobs and $80,700 was used to fund payroll.

Commonwealth steel corporation is Existing or more than 2 years old

COMMONWEALTH STEEL CORPORATION

Date Approved

05/01/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COMMONWEALTH STEEL CORPORATION

Borrower Address

11841 Aberdeen Landing Ln

Borrower City

Midlothian

Borrower State

VA

Borrower Zip

23113-2905

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80700.00

Current Approval Amount

80700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midlothian

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23113-2905

CD

VA-01

Jobs Reported

10

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81197.47

Forgiveness Date

12/16/2021

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