PPP Loan information for Apel steel corporation

$1,001,700

Apel steel corporation was initially approved for PPP Loan of amount $1,001,700, the current approved amount is $1,001,700. The loan was approved on 04/30/2020 by The Regions Bank reported 50 jobs and $1,001,700 was used to fund payroll.

Apel steel corporation is Existing or more than 2 years old

PPP Loan Search / AL / CULLMAN / Apel steel corporation

APEL STEEL CORPORATION

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

APEL STEEL CORPORATION

Borrower Address

2345 2nd Ave NW

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35058-0470

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1001700.00

Current Approval Amount

1001700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CULLMAN

Project County Name

CULLMAN

Project State

AL

Project Zip

35058-0470

CD

AL-04

Jobs Reported

50

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1001700.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1007655.31

Forgiveness Date

12/08/2020

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