PPP Loan information for Industrial specialty company,

$512,000

Industrial specialty company, was initially approved for PPP Loan of amount $512,000, the current approved amount is $512,000. The loan was approved on 04/14/2020 by The Cadence Bank reported 47 jobs and $512,000 was used to fund payroll.

Industrial specialty company, is Existing or more than 2 years old

INDUSTRIAL SPECIALTY COMPANY,

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

INDUSTRIAL SPECIALTY COMPANY,

Borrower Address

50 FOREST HILLS DR

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36109-3504

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512000.00

Current Approval Amount

512000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36109-3504

CD

AL-02

Jobs Reported

47

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

512000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

517504.00

Forgiveness Date

06/02/2021

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