PPP Loan information for Falcon metals & supply company, inc.

$242,100

Falcon metals & supply company, inc. was initially approved for PPP Loan of amount $242,100, the current approved amount is $242,100. The loan was approved on 04/28/2020 by The ServisFirst Bank reported 25 jobs and $242,100 was used to fund payroll.

Falcon metals & supply company, inc. is Existing or more than 2 years old

FALCON METALS & SUPPLY COMPANY, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FALCON METALS & SUPPLY COMPANY, INC.

Borrower Address

1597 HIGHWAY 150

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35022-4039

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242100.00

Current Approval Amount

242100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35022-4039

CD

AL-07

Jobs Reported

25

NAICS Code

332313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

198440.00

Mortgage Interest Proceed

0.00

Rent Proceed

23660.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244204.92

Forgiveness Date

03/09/2021

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