PPP Loan information for Steel cities steels inc

$207,972

Steel cities steels inc was initially approved for PPP Loan of amount $207,972, the current approved amount is $207,972. The loan was approved on 04/02/2021 by The Horizon Bank reported 18 jobs and $207,972 was used to fund payroll.

Steel cities steels inc is Existing or more than 2 years old

STEEL CITIES STEELS INC

Date Approved

04/02/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

STEEL CITIES STEELS INC

Borrower Address

395 Melton Rd

Borrower City

Burns Harbor

Borrower State

IN

Borrower Zip

46304-9705

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

207972.00

Current Approval Amount

207972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burns Harbor

Project County Name

PORTER

Project State

IN

Project Zip

46304-9705

CD

IN-01

Jobs Reported

18

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

207966.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

209402.16

Forgiveness Date

12/14/2021

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