PPP Loan information for Southern metals recycling inc

$671,000

Southern metals recycling inc was initially approved for PPP Loan of amount $671,000, the current approved amount is $671,000. The loan was approved on 04/09/2020 by The Truist Bank reported 54 jobs and $671,000 was used to fund payroll.

Southern metals recycling inc is Existing or more than 2 years old

PPP Loan Search / GA / SAVANNAH / Southern metals recycling inc

SOUTHERN METALS RECYCLING INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHERN METALS RECYCLING INC

Borrower Address

2820 TREMONT RD

Borrower City

SAVANNAH

Borrower State

GA

Borrower Zip

31405-1547

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

671000.00

Current Approval Amount

671000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAVANNAH

Project County Name

CHATHAM

Project State

GA

Project Zip

31405-1547

CD

GA-01

Jobs Reported

54

NAICS Code

562920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

671000.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

677020.36

Forgiveness Date

03/03/2021

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