PPP Loan information for Wright's scrap metal, inc.

$332,600

Wright's scrap metal, inc. was initially approved for PPP Loan of amount $332,600, the current approved amount is $332,600. The loan was approved on 04/05/2020 by The First Financial Bank, National Association reported 36 jobs and $332,600 was used to fund payroll.

Wright's scrap metal, inc. is Existing or more than 2 years old

WRIGHT'S SCRAP METAL, INC.

Date Approved

04/05/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

WRIGHT'S SCRAP METAL, INC.

Borrower Address

5802 Washington Blvd

Borrower City

BEAUMONT

Borrower State

TX

Borrower Zip

77707-3513

Loan Status Date

05/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332600.00

Current Approval Amount

332600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68922

Servicing Lender Name

First Financial Bank, National Association

Servicing Lender Address

400 Pine St

Servicing Lender City

ABILENE

Servicing Lender State

TX

Servicing Lender Zip

79601-5108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAUMONT

Project County Name

JEFFERSON

Project State

TX

Project Zip

77707-3513

CD

TX-14

Jobs Reported

36

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

83150.00

Payroll Proceed

249450.00

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

68922

Originating Lender

First Financial Bank, National Association

Originating Lender City

ABILENE

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

334540.17

Forgiveness Date

11/03/2020

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