PPP Loan information for Favor steel and fabricating, inc

$348,870

Favor steel and fabricating, inc was initially approved for PPP Loan of amount $348,870, the current approved amount is $348,870. The loan was approved on 04/07/2020 by The SouthPoint Bank reported 50 jobs and $348,870 was used to fund payroll.

Favor steel and fabricating, inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Favor steel and fabricating, inc

FAVOR STEEL AND FABRICATING, INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FAVOR STEEL AND FABRICATING, INC

Borrower Address

4301 COALBURG RD

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35207-1642

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348870.00

Current Approval Amount

348870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35207-1642

CD

AL-07

Jobs Reported

50

NAICS Code

331210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

348870.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

352940.15

Forgiveness Date

06/15/2021

;