PPP Loan information for Folsom metal products, inc.

$173,600

Folsom metal products, inc. was initially approved for PPP Loan of amount $173,600, the current approved amount is $173,600. The loan was approved on 04/27/2020 by The Citizens Bank reported 13 jobs and $173,600 was used to fund payroll.

Folsom metal products, inc. is Existing or more than 2 years old

PPP Loan Search / AL / Pelham / Folsom metal products, inc.

FOLSOM METAL PRODUCTS, INC.

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FOLSOM METAL PRODUCTS, INC.

Borrower Address

153 Cahaba Valley Pkwy

Borrower City

Pelham

Borrower State

AL

Borrower Zip

35124-1144

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173600.00

Current Approval Amount

173600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66974

Servicing Lender Name

Citizens Bank

Servicing Lender Address

300 Broad St

Servicing Lender City

ELIZABETHTON

Servicing Lender State

TN

Servicing Lender Zip

37643-2715

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pelham

Project County Name

SHELBY

Project State

AL

Project Zip

35124-1144

CD

AL-06

Jobs Reported

13

NAICS Code

339112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

173600.00

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

66974

Originating Lender

Citizens Bank

Originating Lender City

ELIZABETHTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174578.91

Forgiveness Date

11/19/2020

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