PPP Loan information for South central steel inc.

$206,700

South central steel inc. was initially approved for PPP Loan of amount $206,700, the current approved amount is $206,700. The loan was approved on 04/06/2020 by The Oakworth Capital Bank reported 26 jobs and $206,700 was used to fund payroll.

South central steel inc. is Existing or more than 2 years old

PPP Loan Search / AL / HARPERSVILLE / South central steel inc.

SOUTH CENTRAL STEEL INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTH CENTRAL STEEL INC.

Borrower Address

3504 HIGHWAY 280

Borrower City

HARPERSVILLE

Borrower State

AL

Borrower Zip

35078-6761

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206700.00

Current Approval Amount

206700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455251

Servicing Lender Name

Oakworth Capital Bank

Servicing Lender Address

850 Shades Creek Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-4460

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARPERSVILLE

Project County Name

SHELBY

Project State

AL

Project Zip

35078-6761

CD

AL-06

Jobs Reported

26

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10335.00

Payroll Proceed

155025.00

Mortgage Interest Proceed

10335.00

Rent Proceed

10335.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10335.00

Debt Interest Proceed

10335

Business Type

Corporation

Originating Lender Location Id

455251

Originating Lender

Oakworth Capital Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

208307.67

Forgiveness Date

01/20/2021

;