PPP Loan information for State metal industries, inc.

$1,318,790

State metal industries, inc. was initially approved for PPP Loan of amount $1,318,790, the current approved amount is $1,318,790. The loan was approved on 04/07/2020 by The Wilmington Savings Fund Society, FSB reported 91 jobs and $1,318,790 was used to fund payroll.

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

STATE METAL INDUSTRIES, INC.

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

STATE METAL INDUSTRIES, INC.

Borrower Address

941 South 2ND ST

Borrower City

CAMDEN

Borrower State

NJ

Borrower Zip

08103-3208

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1318790.00

Current Approval Amount

1318790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

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

91

NAICS Code

332999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1318790.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1336096.86

Forgiveness Date

08/16/2021

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