PPP Loan information for Industrial scrap processors inc.

$185,928

Industrial scrap processors inc. was initially approved for PPP Loan of amount $185,928, the current approved amount is $185,928. The loan was approved on 01/26/2021 by The CommerceOne Bank reported 16 jobs and $185,928 was used to fund payroll.

Industrial scrap processors inc. is Existing or more than 2 years old

INDUSTRIAL SCRAP PROCESSORS INC.

Date Approved

01/26/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

INDUSTRIAL SCRAP PROCESSORS INC.

Borrower Address

2101 10th Ave N

Borrower City

Bessemer

Borrower State

AL

Borrower Zip

35020-3454

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185927.77

Current Approval Amount

185927.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

520783

Servicing Lender Name

CommerceOne Bank

Servicing Lender Address

2100 SouthBridge Pkwy, Ste 385

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1317

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bessemer

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-3454

CD

AL-07

Jobs Reported

16

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

185926.77

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

Corporation

Originating Lender Location Id

520783

Originating Lender

CommerceOne Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

187466.13

Forgiveness Date

11/29/2021

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