PPP Loan information for Baker steel company inc

$157,000

Baker steel company inc was initially approved for PPP Loan of amount $157,000, the current approved amount is $157,000. The loan was approved on 04/14/2020 by The Cadence Bank reported 15 jobs and $157,000 was used to fund payroll.

Baker steel company inc is Existing or more than 2 years old

BAKER STEEL COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

BAKER STEEL COMPANY INC

Borrower Address

7600 Cherokee Drive

Borrower City

KATY

Borrower State

TX

Borrower Zip

77494-1050

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157000.00

Current Approval Amount

157000.00

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

KATY

Project County Name

FORT BEND

Project State

TX

Project Zip

77494-1050

CD

TX-22

Jobs Reported

15

NAICS Code

331221

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

131634.40

Mortgage Interest Proceed

0.00

Rent Proceed

25365.60

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

157946.36

Forgiveness Date

12/15/2020

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