PPP Loan information for The steel network

$962,500

The steel network was initially approved for PPP Loan of amount $962,500, the current approved amount is $962,500. The loan was approved on 04/13/2020 by The MidFirst Bank reported 97 jobs and $962,500 was used to fund payroll.

The steel network is Existing or more than 2 years old

THE STEEL NETWORK

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE STEEL NETWORK

Borrower Address

2012 A TW Alexander Drive

Borrower City

Durham

Borrower State

NC

Borrower Zip

27709-0184

Loan Status Date

08/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

962500.00

Current Approval Amount

962500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27709-0184

CD

NC-04

Jobs Reported

97

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

962500.00

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

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

973702.43

Forgiveness Date

06/15/2021

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