PPP Loan information for Hercules steel company incorporated

$393,100

Hercules steel company incorporated was initially approved for PPP Loan of amount $393,100, the current approved amount is $393,100. The loan was approved on 02/12/2021 by The First Bank reported 43 jobs and $393,100 was used to fund payroll.

Hercules steel company incorporated is Existing or more than 2 years old

HERCULES STEEL COMPANY INCORPORATED

Date Approved

02/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HERCULES STEEL COMPANY INCORPORATED

Borrower Address

950 County Club Dr

Borrower City

Fayetteville

Borrower State

NC

Borrower Zip

28301

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393100.00

Current Approval Amount

393100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fayetteville

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28301

CD

NC-08

Jobs Reported

43

NAICS Code

331221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

393098.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397544.21

Forgiveness Date

04/05/2022

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