PPP Loan information for Consolidated steel inc

$1,085,527

Consolidated steel inc was initially approved for PPP Loan of amount $1,085,527, the current approved amount is $1,085,527. The loan was approved on 03/12/2021 by The Truist Bank reported 85 jobs and $1,085,527 was used to fund payroll.

Consolidated steel inc is Existing or more than 2 years old

PPP Loan Search / VA / Cedar Bluff / Consolidated steel inc

CONSOLIDATED STEEL INC

Date Approved

03/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CONSOLIDATED STEEL INC

Borrower Address

296 River Industrial Park Road

Borrower City

Cedar Bluff

Borrower State

VA

Borrower Zip

24609

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1085527.00

Current Approval Amount

1085527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Bluff

Project County Name

TAZEWELL

Project State

VA

Project Zip

24609

CD

VA-09

Jobs Reported

85

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1085526.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1098794.55

Forgiveness Date

06/01/2022

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