PPP Loan information for Southern aluminum manufacturing acquisition inc

$1,909,263

Southern aluminum manufacturing acquisition inc was initially approved for PPP Loan of amount $1,909,263, the current approved amount is $1,909,263. The loan was approved on 04/14/2020 by The Farmers Bank & Trust Company reported 194 jobs and $1,909,263 was used to fund payroll.

Southern aluminum manufacturing acquisition inc is Existing or more than 2 years old

SOUTHERN ALUMINUM MANUFACTURING ACQUISITION INC

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUTHERN ALUMINUM MANUFACTURING ACQUISITION INC

Borrower Address

5 HIGHWAY 82 BYP W

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-8719

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1909262.50

Current Approval Amount

1909262.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-8719

CD

AR-04

Jobs Reported

194

NAICS Code

337127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1909262.50

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

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1913787.03

Forgiveness Date

06/11/2021

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