PPP Loan information for State metal industries inc.

$1,206,367

State metal industries inc. was initially approved for PPP Loan of amount $1,206,367, the current approved amount is $1,206,367. The loan was approved on 04/30/2021 by The Loan Source Incorporated reported 90 jobs and $1,206,367 was used to fund payroll.

State metal industries inc. is Existing or more than 2 years old

STATE METAL INDUSTRIES INC.

Date Approved

04/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

STATE METAL INDUSTRIES INC.

Borrower Address

941 S 2nd St

Borrower City

Camden

Borrower State

NJ

Borrower Zip

08103-3208

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1206367.00

Current Approval Amount

1206367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Camden

Project County Name

CAMDEN

Project State

NJ

Project Zip

08103-3208

CD

NJ-01

Jobs Reported

90

NAICS Code

331314

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1206366.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1221405.27

Forgiveness Date

08/11/2022

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