PPP Loan information for Secondary metal processing inc

$148,600

Secondary metal processing inc was initially approved for PPP Loan of amount $446,000, the current approved amount is $148,600. The loan was approved on 04/27/2020 by The Crossroads Bank reported 18 jobs and $148,600 was used to fund payroll.

Secondary metal processing inc is Existing or more than 2 years old

SECONDARY METAL PROCESSING INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SECONDARY METAL PROCESSING INC

Borrower Address

525 S Huntingtin St

Borrower City

Wabash

Borrower State

IN

Borrower Zip

46992-4104

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446000.00

Current Approval Amount

148600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84342

Servicing Lender Name

Crossroads Bank

Servicing Lender Address

1205 N Cass St

Servicing Lender City

WABASH

Servicing Lender State

IN

Servicing Lender Zip

46992-1027

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wabash

Project County Name

WABASH

Project State

IN

Project Zip

46992-4104

CD

IN-02

Jobs Reported

18

NAICS Code

331492

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148600.00

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

84342

Originating Lender

Crossroads Bank

Originating Lender City

WABASH

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149854.84

Forgiveness Date

03/05/2021

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