PPP Loan information for Metal specialties inc

$335,000

Metal specialties inc was initially approved for PPP Loan of amount $335,000, the current approved amount is $335,000. The loan was approved on 04/27/2020 by The SouthWest Bank reported 22 jobs and $335,000 was used to fund payroll.

Metal specialties inc is Existing or more than 2 years old

METAL SPECIALTIES INC

Date Approved

04/27/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

METAL SPECIALTIES INC

Borrower Address

3345 KERMIT HWY

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79764-6424

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

335000.00

Current Approval Amount

335000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ODESSA

Project County Name

ECTOR

Project State

TX

Project Zip

79764-6424

CD

TX-11

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

335000.00

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

Corporation

Originating Lender Location Id

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

336702.92

Forgiveness Date

11/03/2020

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