PPP Loan information for Southern steel fabricators

$528,727

Southern steel fabricators was initially approved for PPP Loan of amount $528,727, the current approved amount is $528,727. The loan was approved on 01/27/2021 by The Origin Bank reported 39 jobs and $528,727 was used to fund payroll.

Southern steel fabricators is Existing or more than 2 years old

SOUTHERN STEEL FABRICATORS

Date Approved

01/27/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SOUTHERN STEEL FABRICATORS

Borrower Address

208 Wagon Wheel Rd

Borrower City

Monroe

Borrower State

LA

Borrower Zip

71202-4029

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

528727.00

Current Approval Amount

528727.00

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

1.00

Payroll Proceed

528724.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

532927.44

Forgiveness Date

11/16/2021

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