PPP Loan information for Hoytt reinforcing inc

$385,370

Hoytt reinforcing inc was initially approved for PPP Loan of amount $385,370, the current approved amount is $385,370. The loan was approved on 04/28/2020 by The First Bank of Alabama reported 18 jobs and $385,370 was used to fund payroll.

Hoytt reinforcing inc is Existing or more than 2 years old

HOYTT REINFORCING INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

HOYTT REINFORCING INC

Borrower Address

504 Finley Avenue

Borrower City

SYLACAUGA

Borrower State

AL

Borrower Zip

35150

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385370.00

Current Approval Amount

385370.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3305

Servicing Lender Name

First Bank of Alabama

Servicing Lender Address

120 North St East

Servicing Lender City

TALLADEGA

Servicing Lender State

AL

Servicing Lender Zip

35160-2100

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SYLACAUGA

Project County Name

TALLADEGA

Project State

AL

Project Zip

35150-0001

CD

AL-03

Jobs Reported

18

NAICS Code

237990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

385370.00

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

3305

Originating Lender

First Bank of Alabama

Originating Lender City

TALLADEGA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

389812.46

Forgiveness Date

06/28/2021

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