PPP Loan information for Encore steel inc

$820,066

Encore steel inc was initially approved for PPP Loan of amount $807,982, the current approved amount is $820,066. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 74 jobs and $820,066 was used to fund payroll.

Encore steel inc is New Business or 2 years or less

ENCORE STEEL INC

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

ENCORE STEEL INC

Borrower Address

20701 N Scottsdale Rd Ste 107-444

Borrower City

Scottsdale

Borrower State

AZ

Borrower Zip

85255

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

807982.00

Current Approval Amount

820066.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Scottsdale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85255-0001

CD

AZ-01

Jobs Reported

74

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

820066.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

819029.78

Forgiveness Date

09/24/2021

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