PPP Loan information for Peerless steel company

$1,915,700

Peerless steel company was initially approved for PPP Loan of amount $1,915,700, the current approved amount is $1,915,700. The loan was approved on 04/05/2020 by The The Huntington National Bank reported 176 jobs and $1,915,700 was used to fund payroll.

Peerless steel company is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Peerless steel company

PEERLESS STEEL COMPANY

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PEERLESS STEEL COMPANY

Borrower Address

2450 AUSTIN DR

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083-2030

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1915700.00

Current Approval Amount

1915700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-2030

CD

MI-11

Jobs Reported

176

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1915700.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1820263.01

Forgiveness Date

04/20/2021

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