PPP Loan information for Southern metal processing company, inc.

$370,005

Southern metal processing company, inc. was initially approved for PPP Loan of amount $371,006, the current approved amount is $370,005. The loan was approved on 02/24/2021 by The Southern States Bank reported 39 jobs and $370,005 was used to fund payroll.

Southern metal processing company, inc. is Existing or more than 2 years old

PPP Loan Search / AL / Oxford / Southern metal processing company, inc.

SOUTHERN METAL PROCESSING COMPANY, INC.

Date Approved

02/24/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SOUTHERN METAL PROCESSING COMPANY, INC.

Borrower Address

130 Allred St

Borrower City

Oxford

Borrower State

AL

Borrower Zip

36203-1302

Loan Status Date

06/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

371006.00

Current Approval Amount

370005.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449992

Servicing Lender Name

Southern States Bank

Servicing Lender Address

615 Quintard Ave

Servicing Lender City

ANNISTON

Servicing Lender State

AL

Servicing Lender Zip

36201-5755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oxford

Project County Name

CALHOUN

Project State

AL

Project Zip

36203-1302

CD

AL-03

Jobs Reported

39

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

370003.20

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

449992

Originating Lender

Southern States Bank

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

374424.99

Forgiveness Date

05/09/2022

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