PPP Loan information for Augusta iron and steel works inc

$582,500

Augusta iron and steel works inc was initially approved for PPP Loan of amount $582,500, the current approved amount is $582,500. The loan was approved on 04/15/2020 by The Cadence Bank reported 43 jobs and $582,500 was used to fund payroll.

Augusta iron and steel works inc is Existing or more than 2 years old

AUGUSTA IRON AND STEEL WORKS INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AUGUSTA IRON AND STEEL WORKS INC

Borrower Address

3781 Martinez Blvd

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30907-2665

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582500.00

Current Approval Amount

582500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

COLUMBIA

Project State

GA

Project Zip

30907-2665

CD

GA-12

Jobs Reported

43

NAICS Code

331110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

582500.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

587758.68

Forgiveness Date

03/26/2021

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