PPP Loan information for Southern steel fabricators

$498,526

Southern steel fabricators was initially approved for PPP Loan of amount $498,526, the current approved amount is $498,526. The loan was approved on 04/10/2020 by The Origin Bank reported 39 jobs and $498,526 was used to fund payroll.

Southern steel fabricators is Existing or more than 2 years old

SOUTHERN STEEL FABRICATORS

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTHERN STEEL FABRICATORS

Borrower Address

208 WAGON WHEEL RD

Borrower City

MONROE

Borrower State

LA

Borrower Zip

71202-4029

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498526.40

Current Approval Amount

498526.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71202-4029

CD

LA-05

Jobs Reported

39

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

99705.28

Payroll Proceed

398821.12

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

502486.92

Forgiveness Date

01/28/2021

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