PPP Loan information for Southern structural steel inc.

$519,100

Southern structural steel inc. was initially approved for PPP Loan of amount $519,100, the current approved amount is $519,100. The loan was approved on 04/08/2020 by The TowneBank reported 43 jobs and $519,100 was used to fund payroll.

Southern structural steel inc. is Existing or more than 2 years old

SOUTHERN STRUCTURAL STEEL INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHERN STRUCTURAL STEEL INC.

Borrower Address

20078 Iwip Road

Borrower City

SMITHFIELD

Borrower State

VA

Borrower Zip

23430-6366

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519100.00

Current Approval Amount

519100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHFIELD

Project County Name

ISLE OF WIGHT

Project State

VA

Project Zip

23430-6366

CD

VA-02

Jobs Reported

43

NAICS Code

238120

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

389325.00

Mortgage Interest Proceed

129775.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

524853.36

Forgiveness Date

05/21/2021

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