PPP Loan information for Scrap metal solutions, inc

$10,045

Scrap metal solutions, inc was initially approved for PPP Loan of amount $10,045, the current approved amount is $10,045. The loan was approved on 04/07/2020 by The Peoples Bank of the South reported 3 jobs and $10,045 was used to fund payroll.

Scrap metal solutions, inc is Existing or more than 2 years old

SCRAP METAL SOLUTIONS, INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SCRAP METAL SOLUTIONS, INC

Borrower Address

205 JD Yarnell Industrial Parkway

Borrower City

CLINTON

Borrower State

TN

Borrower Zip

37717-0771

Loan Status Date

12/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10045.00

Current Approval Amount

10045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67138

Servicing Lender Name

Peoples Bank of the South

Servicing Lender Address

106 W Central Ave

Servicing Lender City

LA FOLLETTE

Servicing Lender State

TN

Servicing Lender Zip

37766-3569

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

ANDERSON

Project State

TN

Project Zip

37717-0771

CD

TN-03

Jobs Reported

3

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

502.25

Payroll Proceed

8538.25

Mortgage Interest Proceed

0.00

Rent Proceed

502.25

Refinance EIDL Proceed

0.00

Health Care Proceed

502.25

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67138

Originating Lender

Peoples Bank of the South

Originating Lender City

LA FOLLETTE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10116.43

Forgiveness Date

12/30/2020

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