PPP Loan information for Thornton iron & metal, inc

$619,453

Thornton iron & metal, inc was initially approved for PPP Loan of amount $619,453, the current approved amount is $619,453. The loan was approved on 04/08/2020 by The CB&S Bank reported 45 jobs and $619,453 was used to fund payroll.

Thornton iron & metal, inc is Existing or more than 2 years old

THORNTON IRON & METAL, INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THORNTON IRON & METAL, INC

Borrower Address

750 County Road 76

Borrower City

ROGERSVILLE

Borrower State

AL

Borrower Zip

35652-2211

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

619453.00

Current Approval Amount

619453.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3228

Servicing Lender Name

CB&S Bank

Servicing Lender Address

200 Jackson Ave South

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AL

Servicing Lender Zip

35653-2234

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROGERSVILLE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35652-2211

CD

AL-05

Jobs Reported

45

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13657.00

Payroll Proceed

605796.00

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

Subchapter S Corporation

Originating Lender Location Id

3228

Originating Lender

CB&S Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

624804.39

Forgiveness Date

02/19/2021

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