PPP Loan information for Steel city recycling llc

$734,000

Steel city recycling llc was initially approved for PPP Loan of amount $734,000, the current approved amount is $734,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 56 jobs and $734,000 was used to fund payroll.

Steel city recycling llc is Existing or more than 2 years old

STEEL CITY RECYCLING LLC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

STEEL CITY RECYCLING LLC

Borrower Address

2020 Vanderbilt Road

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35234-1519

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

734000.00

Current Approval Amount

734000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35234-1519

CD

AL-07

Jobs Reported

56

NAICS Code

541990

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

588000.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

101000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

740606.00

Forgiveness Date

03/05/2021

;