PPP Loan information for American metal group

$393,000

American metal group was initially approved for PPP Loan of amount $393,000, the current approved amount is $393,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 34 jobs and $393,000 was used to fund payroll.

American metal group is Existing or more than 2 years old

PPP Loan Search / AL / SYLACAUGA / American metal group

AMERICAN METAL GROUP

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AMERICAN METAL GROUP

Borrower Address

290 LOWER BON AIR RD

Borrower City

SYLACAUGA

Borrower State

AL

Borrower Zip

35150-7243

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393000.00

Current Approval Amount

393000.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SYLACAUGA

Project County Name

TALLADEGA

Project State

AL

Project Zip

35150-7243

CD

AL-03

Jobs Reported

34

NAICS Code

331110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

330000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

43000

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

Non-Veteran

Non Profit

Forgiveness Amount

397585.00

Forgiveness Date

06/08/2021

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