PPP Loan information for Southern steel inc

$7,900

Southern steel inc was initially approved for PPP Loan of amount $7,900, the current approved amount is $7,900. The loan was approved on 05/15/2020 by The Powell Valley National Bank reported 1 jobs and $7,900 was used to fund payroll.

Southern steel inc is Existing or more than 2 years old

SOUTHERN STEEL INC

Date Approved

05/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHERN STEEL INC

Borrower Address

850 PARK AVENUE NW

Borrower City

NORTON

Borrower State

VA

Borrower Zip

24273

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7900.00

Current Approval Amount

7900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTON

Project County Name

NORTON CITY

Project State

VA

Project Zip

24273-0001

CD

VA-09

Jobs Reported

1

NAICS Code

812199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7900.00

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

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7964.07

Forgiveness Date

03/11/2021

;