PPP Loan information for King steel inc

$726,000

King steel inc was initially approved for PPP Loan of amount $726,000, the current approved amount is $726,000. The loan was approved on 02/13/2021 by The The Piedmont Bank reported 54 jobs and $726,000 was used to fund payroll.

King steel inc is Existing or more than 2 years old

PPP Loan Search / GA / Lawrenceville / King steel inc

KING STEEL INC

Date Approved

02/13/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

KING STEEL INC

Borrower Address

353 Swanson Dr

Borrower City

Lawrenceville

Borrower State

GA

Borrower Zip

30043-8533

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

726000.00

Current Approval Amount

726000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444613

Servicing Lender Name

The Piedmont Bank

Servicing Lender Address

5100 Peachtree Pkwy

Servicing Lender City

NORCROSS

Servicing Lender State

GA

Servicing Lender Zip

30092-2525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lawrenceville

Project County Name

GWINNETT

Project State

GA

Project Zip

30043-8533

CD

GA-09

Jobs Reported

54

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

725998.00

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

444613

Originating Lender

The Piedmont Bank

Originating Lender City

NORCROSS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

729799.07

Forgiveness Date

08/27/2021

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