PPP Loan information for Southern melting products inc

$86,241

Southern melting products inc was initially approved for PPP Loan of amount $86,241, the current approved amount is $86,241. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 9 jobs and $86,241 was used to fund payroll.

Southern melting products inc is Existing or more than 2 years old

SOUTHERN MELTING PRODUCTS INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTHERN MELTING PRODUCTS INC

Borrower Address

1313 ROSELAND DRIVE

Borrower City

HOMEWOOD

Borrower State

AL

Borrower Zip

35209

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86241.00

Current Approval Amount

86241.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOMEWOOD

Project County Name

JEFFERSON

Project State

AL

Project Zip

35209-0001

CD

AL-06

Jobs Reported

9

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86241.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87386.94

Forgiveness Date

09/07/2021

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