PPP Loan information for Midsouth steel inc.

$198,125

Midsouth steel inc. was initially approved for PPP Loan of amount $198,125, the current approved amount is $198,125. The loan was approved on 04/15/2020 by The Cadence Bank reported 14 jobs and $198,125 was used to fund payroll.

Midsouth steel inc. is Existing or more than 2 years old

MIDSOUTH STEEL INC.

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MIDSOUTH STEEL INC.

Borrower Address

16949 HWY 1

Borrower City

HARRISBURG

Borrower State

AR

Borrower Zip

72432

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198125.00

Current Approval Amount

198125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARRISBURG

Project County Name

POINSETT

Project State

AR

Project Zip

72432-0001

CD

AR-01

Jobs Reported

14

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

198125.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199654.97

Forgiveness Date

01/26/2021

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